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AP Macro Unit 3 Test Review

Authored by Elizabeth DiNatale

Social Studies

9th - 10th Grade

Used 22+ times

AP Macro Unit 3 Test Review
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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A change in which of the following will cause the aggregate demand curve to shift?

energy prices

productivity rates

consumer wealth

prices of inputs

prices of consumer goods

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The short-run aggregate supply curve will shift to the right when

energy prices increase

government regulation increases

prices of inputs decrease

investment spending decreases

productivity rates decrease

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A rightward shift in the aggregate demand curve will cause employment and the price level to change in which of the following ways in the short run?


Employment/Price level

Increase/Increase

Increase/Decrease

Increase/No change

Decrease/Increase

No change/No change

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An increase in the capital stock will cause the

aggregate demand curve to shift left

aggregate demand curve to shift right

production possibilities curve to shift in

short-run aggregate supply curve to shift left

long-run aggregate supply curve to shift right

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following will increase aggregate demand?

a decrease in personal income taxes

a decrease in government spending

an increase in corporate income taxes

a decrease in the capital stock

an increase in interest rates

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An increase in labor productivity would most likely cause real GDP and the price level to change in which of the following ways?


Real GDP/Price Level

Increase/Increase

Increase/Decrease

Increase/No change

Decrease/Increase

Decrease/No change

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which effect describes the effect that when the price level increases, the interest rate increases and consumption decreases?

interest rate effect

net export effect

Pareto effect

substitution effect

real balance effect

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