
AP Macro Final Review
Authored by Andrew Pledge
History, Other
KG - University
Used 118+ times

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35 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Peggy, a recent college graduate, decides to look for a job instead of going to graduate school. If she is unable to find a job that suits her interests right away, what type of unemployment is she MOST likely experiencing?
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The BEST example of structural unemployment in an economy is someone
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What would you conclude about an economy characterized by increasing gross domestic product (GDP), low unemployment, and increasing inflation?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When the Federal Reserve buys government securities/bonds on the open market, what effect does this action have on the nation's money supply and aggregate demand?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Monetary policies the Federal Reserve can adopt include all of the following EXCEPT
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Federal Reserve wants to reduce the nation's money supply. This could be accomplished by doing all of the following EXCEPT
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the unemployment rate is rising and GDP is falling, the fiscal policy action that the federal government should MOST likely follow is
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