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Get access to thousands of standards-aligned practice questions. Also, check out this reference for the best AP® Macroeconomics review books. • Exams may not be posted on school or personal websites, nor electronically redistributed for any reason. on the College Board website for even more tips for the exam! Resources for the AP Macroeconomics Exam AP Macroeconomics 2020 Video Study Guide. REA’s AP Macroeconomics Crash Course is the first book of its kind for the last-minute studier or any AP student who wants a quick refresher on the course. Let us know. Looking for extra help in preparing for AP® Macroeconomics? y beginning here, youll have a better understanding of the test, and receive (Opens a modal) How to practice with our multiple choice questions (Opens a modal) AP Free response tips (Opens a modal) Submit your questions about the 2020 AP Macroeconomics exam (Opens a modal) Example free response question from AP macroeconomics (Opens a modal) Every graph used in AP Macroeconomics. Until the College Board releases more information, we will not be able to update our (Projected) calculators with full accuracy. Save my name, email, and website in this browser for the next time I comment. I send my students these games, videos, and content review at the end of each unit to help them prepare for their unit exams. AP Macro Exam Prep 2020-21 Learn the fundamentals of the economic system on a macro-scale and apply this knowledge to understand economic measurements, policies, markets, and models. For over five years, hundreds of thousands of students have used Albert to build confidence and score better on their SAT®, ACT®, AP, and Common Core tests. Specifically, the College Board defines a 3 as “qualified”, a 4 as “well qualified” and a 5 as “extremely well qualified.” The “qualified” in these scores refers to whether or not a student is qualified to receive college credit for taking the exam. Hello, Sign in. It is also important to note the pass rate. At this time, the College Board has not officially released a scoring worksheet that reflects the latest changes in AP® Macroeconomics. Prepare for the 2020 AP Macro Exam. Macro Textbook Notes. For decades, colleges have accepted a shortened AP Exam for college credit when groups of students have experienced emergencies.” Question 2 draws on the same skills assessed on traditional AP® Exams, with the exception that students will not be expected to submit graphs on the 2020 exam. This multiplatform book offers you easy approach so that you can access the book from anywhere you want to read via mobile or laptop device. Remind Code: Text @arnettgopo to 81010 I. While it seems daunting, this comprehensive guide clearly outlines the objectives you will be tested on and indicates how you will be tested on this information. Get ready to ace your AP Macroeconomics Exam with this easy-to-follow, multi-platform study guideThe immensely popular test prep guide has been updated and revised with new material and is now accessible in print, online and mobile formats. Use the following list to make sure you are prepared for any topic that may show up on your particular exam! Have a test coming up? Keep in mind that you are required to show your work in answering calculation problems. Here are a few general resources to guide your revision: There are also topic specific review guides to help you. define (using graphs as appropriate) the PPC and related terms, explain (using graphs as appropriate) how the PPC illustrates opportunity costs, tradeoffs, inefficiency, efficiency, and economic growth or contraction under various conditions, calculate (using data from PPCs or tables as appropriate) opportunity cost, define absolute advantage and comparative advantage, determine (using data from PPCs or tables as appropriate) absolute and comparative advantage, explain (using data from PPCs or tables as appropriate) how specialization according to comparative advantage with appropriate terms of trade can lead to gains from trade, calculate (using data from PPCs or tables as appropriate) mutually beneficial terms of trade, define (using graphs as appropriate) the law of demand, explain (using graphs as appropriate) the determinants of demand, define (using graphs as appropriate) the law of supply, explain (using graphs as appropriate) the relationship between the price of a good or service and the quantity supplied, explain (using graphs as appropriate) the determinants of supply, define (using graphs as appropriate) market equilibrium, explain (using graphs as appropriate) how prices adjust to restore equilibrium in markets that are experiencing imbalances, calculate (using graphs as appropriate) the surplus or shortage in the market experience an imbalance, explain (using graphs as appropriate) how changes in demand and supply affect equilibrium price and equilibrium quantity, Unit 2: Economic Indicators and the Business Cycle, define (using the circular flow diagram as appropriate) how GDP is measured and its components, define the labor force, the unemployment rate, and the labor force participation rate, explain how changes in employment and the labor market affect the unemployment rate and the labor force participation rate, calculate the unemployment rate and the labor force participation rate, define the limitations of the unemployment rate, define the types of unemployment and the natural rate of unemployment, explain changes in the types of unemployment, define the consumer price index (CPI), inflation, deflation, disinflation, the inflation rate, and real variables, explain how price indices can be used to calculate the inflation rate and to compare nominal variables over time periods, calculate the CPI, the inflation rate, and changes in real variables, define the shortcomings of the CPI as a true measure of inflation, explain the costs that unexpected inflation (deflation) imposes on individuals and the economy, define (using graphs and data as appropriate) turning points and phases of the business cycle, explain (using graphs and data as appropriate) turning points and phases of the business cycle, Unit 3: National Income and Price Determination, define (using graphs as appropriate) the aggregate demand (AD) curve, explain (using graphs as appropriate) the slope of the AD curve and its determinants, define the expenditure multiplier, the tax multiplier, the marginal propensity to consume, and the marginal propensity to save, explain how changes in spending and taxes lead to changes in real GDP, calculate how changes in spending and taxes lead to changes in real GDP, define (using graphs as appropriate) the short-run aggregate supply (SRAS) curve, explain (using graphs as appropriate) the slope of the SRAS curve and its determinants, explain (using graphs as appropriate) how movement along the SRAS curve implies a relationship between the price level (and inflation) and unemployment, define (using graphs as appropriate) the short run and the long run, define (using graphs as appropriate) the long-run aggregate supply (LRAS) curve, explain (using graphs as appropriate) the short-run and long-run equilibrium price level and output level, explain (using graphs as appropriate) the response of output, employment, and the price level to an aggregate demand or aggregate supply shock in the short run, explain (using graphs as appropriate) the response of output, employment, and the price level to an aggregate demand or aggregate supply shock in the long run. 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