AP Macroeconomics AD and AS

AP Macroeconomics AD and AS

12th Grade

15 Qs

quiz-placeholder

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AP Macroeconomics AD and AS

AP Macroeconomics AD and AS

Assessment

Quiz

Social Studies

12th Grade

Practice Problem

Medium

Created by

Joel Melvin

Used 36+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which does not belong?

Net exports

consumer spending

government spending

input prices

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

To increase Aggregate Supply we shift the AS curve to the

right

left

other right

left over

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

If the government increases taxes on consumers, AD will?

decrease

increase

remain unchanged

stays the same

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which is not part of the Legal Institutional Environment as it applies to our AS determinants?

taxes

subsidies

regulations

government spending

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which is NOT a determinant of consumer spending

consumer debt

personal income tax cuts / increases

consumer wealth

appreciation/depreciation of the dollar

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

An increase in government spending will lead to?

increase in AD

increase in AS

decrease in AD

decrease in AS

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

If the government raises taxes on businesses, AS will?

AS increases

AS decreases

AD decreases

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