Ap macro frq answers

2024 Macro FRQ Predictions; 2024 Micro FRQ Predictions; Teachers. Teacher Resources; Worksheets; URP Bulk Discount; AP Econ Course Changes; ... More. Released AP® Macroeconomics FRQ Topics. Number=FRQ Question (Note: You can search for topics and sort by FRQ or # of questions) *The FRQs given in 2020 and 2021 are unusual due …

AP® Macroeconomics Scoring Guidelines Set 2 Author: College Board Subject: Advanced Placement; AP; Keywords: 2021 ; AP Exam Administration ; Scoring Guidelines; scoring information; free-response scoring criteria; scoring resources; FRQ; teacher resources; exam information; ADA Created Date: 12/22/2022 3:46:22 PM Visit the College Board on the Web: www.collegeboard.org. AP Central is the official online home for the AP Program: apcentral.collegeboard.org. 10 points (2+1+2+3+2) 2 points: One point is earned for drawing a correctly labeled graph showing AD, SRAS, Y1 and PL1. One point is earned for drawing a vertical LRAS at Yf to the right of Y1. 1 point:To do this, we must use the simple spending multiplier. To solve for this change. From the information in the problem, we know that the MPC = 0.8, and since MPC + MPS = 1, MPS = 0.2. From here, we can find the simple spending multiplier by using the formula SSM = 1/1-MPC = 1/MPS = 1/0.2 = 5. Now, because we know that ΔGDP = SSM * ΔSpending ... AP Macroeconomics Scoring Guidelines, 2016 Author: The College Board Subject: AP Macroeconomics Keywords: AP Macroeconomics, Scoring Guidelines, 2016 exam, exam resources; teacher resources; exam preparation; scoring information Created Date: 7/15/2016 10:27:07 AM Use a pen with black or dark blue ink. 1. Assume that the United States economy is currently in a recession in a short-run equilibrium. (a) Draw a correctly labeled graph of the short-run and long-run Phillips curves. Use the letter A to label a point that could represent the current state of the economy in recession. 2019 AP ® MACROECONOMICS FREE-RESPONSE QUESTIONS MACROECONOMICS Section II Total Time—1 hour . Reading Period—10 minutes . Writing Period—50 minutes . Directions: You are advised to spend the first 10 minutes reading all of the questions and planning your answers. You will then have 50 minutes to answer all three of the following questions.Good morning, Quartz readers! Good morning, Quartz readers! A$AP Rocky awaits his verdict. The American rapper, whose real name is Rakim Meyers, was detained and charged with assau...Use a pen with black or dark blue ink. 1. Assume that the United States economy is operating below full employment. (a) Draw a correctly labeled graph of long-run aggregate supply, short-run aggregate supply, and aggregate demand, and show each of the following. (i) Current equilibrium output and price level, labeled as. Y.

AP® Macroeconomics 2009 Scoring Guidelines Form B The College Board The College Board is a not-for-profit membership association whose mission is to connect students to college success and opportunity. Founded in 1900, the association is composed of more than 5,600 schools, colleges, universities and other educational organizations.1. Assume that the economy of Meekland is in a long-run equilibrium with a balanced government budget. (a) Using a correctly labeled graph of aggregate supply and aggregate demand, show each of the following. (i) Long-run aggregate supply. (ii) The output level, labeled YE, and the price level, labeled PL E. (b) Assume consumer confidence falls.This is a PDF package of the official AP Macroeconomics 2019 Full Exam, complete with all sections including: 1. SECTION I: Multiple Choice (Part A & B) 2. SECTION II: Free Response. 3. Answer Key. You can obtain full PDF package of the official AP Macroeconomics 2019 full exam here. Below is a preview of each sections.Exam Skills. Learn all about the AP Macroeconomics exam! Learn how to manage the multiple choice questions (MCQs) and how to write great FRQs. Brush up on exam logistics, types of questions, how to draw graphs, helpful tips, sample questions, and practice prompts, With these useful strategies and practice, you'll be prepared to knock the exam …5 points. Calculate the total net benefit of placing three advertisements as $2,200 and show your work: Total net benefit = $3,000 – $800 = $2,200. 1 point. (b) Calculate the marginal net benefit of the third advertisement as $500 and show your work: Marginal net benefit = ($3,000 – $2,200) – ($800 – $500) = $800 – $300 = $500.Oct 25, 2021 ... This video explains the rubric for 2016 AP Macro FRQ question #2. This video is made for 1st year college students or AP/IB Economics ...Here is a quick, low edit, video covering my best guesses as to what the answers to the 2023 Macroeconomics Set 1 FRQ will be when the rubrics are officially...1. Assume that the economy of Meekland is in a long-run equilibrium with a balanced government budget. (a) Using a correctly labeled graph of aggregate supply and aggregate demand, show each of the following. (i) Long-run aggregate supply. (ii) The output level, labeled YE, and the price level, labeled PL E. (b) Assume consumer confidence falls.

The natural rate of unemployment is 5%, the frictional rate of unemployment is 4%, and the actual rate of unemployment is 7%. (a) What is the numerical value of the cyclical rate of unemployment in Flowerland? (b) Assume the foreign demand for lavender oil produced in Flowerland increases.To do this, we must use the simple spending multiplier. To solve for this change. From the information in the problem, we know that the MPC = 0.8, and since MPC + MPS = 1, MPS = 0.2. From here, we can find the simple spending multiplier by using the formula SSM = 1/1-MPC = 1/MPS = 1/0.2 = 5. Now, because we know that ΔGDP = SSM * ΔSpending ...AP ® Macroeconomics 2021 Free-Response Questions . MACROECONOMICS . SECTION II Total Time—1 hour Reading Period—10 minutes . Writing Period—50 minutes . 3 Questions . Directions: You are advised to spend the first 10 minutes reading all of the questions and planning your answers. You will then have 50 minutes to answer all three …You will only earn credit for what you write in the separate Free Response booklet. 1. Assume the United States economy is in short-run macroeconomic equilibrium at an output level greater than potential output. Draw a correctly labeled graph of the aggregate demand, short-run aggregate supply, and long-run aggregate supply curves, and show ... 7. (2 + 2 + 1 + 2) (a) 2 points: One point is earned for determining the total change in reserves: $50 million. One point is earned for calculating the maximum possible change in the money supply: 10 × $50 = $500 million. (b) 2 points: One point is earned for a correctly labeled graph of the money market.

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Grading Rubric: Point allocations: [1+4+1+1+4=11 points] a) 1 point:Fiscal Policy to reduce unemployment: G up or T down (or increase in Transfer payments) b)1 Point for each of the 4 responses = 4 points 1 point:Correctly labeled AS and AD graph with appropriate slopes (even vertical AS okay for this point). The natural rate of unemployment is 5%, the frictional rate of unemployment is 4%, and the actual rate of unemployment is 7%. (a) What is the numerical value of the cyclical rate of unemployment in Flowerland? (b) Assume the foreign demand for lavender oil produced in Flowerland increases.BuzzFeed revealing the identities of these NFT tycoons wasn't doxxing—it was journalism On Feb. 4, BuzzFeed published an article that revealed the identities of two of the most inf...AP Macro 2017 frq answers. Has anyone worked out all of the answers to the FRQs with the graphs and put them on a google doc or something. If so please link it. 1a) LRPC as a vertical line at 5% unemployment with point b on the SRPC at 7% unemployment ( to the right of LRPC) 1b) i- SRAS shifts right due to lack of demand for products ii- LRPC ...

Dec 1, 2020 ... ... answers 2. Know the concepts covered on the ... FRQs and full-length practice exams for you ... AP Macro Exam Unit Summaries. ReviewEcon ...JHANCOCK DIVERSIFIED MACRO FUND CLASS A- Performance charts including intraday, historical charts and prices and keydata. Indices Commodities Currencies Stocks5 points. Calculate the total net benefit of placing three advertisements as $2,200 and show your work: Total net benefit = $3,000 – $800 = $2,200. 1 point. (b) Calculate the marginal net benefit of the third advertisement as $500 and show your work: Marginal net benefit = ($3,000 – $2,200) – ($800 – $500) = $800 – $300 = $500.Oct 25, 2021 ... This video explains the rubric for the AP Macroeconomics 2016 free-response question #3. This video is made for 1st year college students or ...Score: 8. The response earned the first point in part (a) for drawing a correctly labeled aggregate demand– aggregate supply graph showing PL1 and Y1 at the intersection of AD and SRAS. The response earned the second point in part (a) for correctly showing a vertical LRAS curve to the right of Y1 and labeling the full-employment output as YF. AP® Macroeconomics 2008 Scoring Guidelines Form B The College Board: Connecting Students to College Success The College Board is a not-for-profit membership association whose mission is to connect students to college success and opportunity. Founded in 1900, the association is composed of more than 5,400 schools, colleges, universities, and other AP® Macroeconomics 2008 Free-Response Questions Form B ... Directions: You have 50 minutes to answer all three of the following questions. It is suggested that you spend ... AP Keywords: ap08_macro_econ_form_b_frq Created Date: 5/2/2008 2:02:45 PM ...Download free-response questions from past exams along with scoring guidelines, sample responses from exam takers, and scoring distributions. If you are using assistive technology and need help accessing these PDFs in another format, contact Services for Students with Disabilities at 212-713-8333 or by email at [email protected]. Expand All. 12 Points. (2 + 6 + 4) 2 points: One point is earned for a correctly labeled graph of the production possibilities curve (PPC). One point is earned for showing point A inside the PPC. 6 points: One point is earned for identifying the buying of bonds as the correct open-market operation to use. One point is earned for drawing a correctly labeled ...

QUESTIONS 1–75. Indicate your answers to the exam questions in this section (pages 2 and 3). Mark only one response per question. for Questions 1 through 120. If a question has only four answer options, do not mark option E. Answers written in. the multiple-choice booklet will not be scored.

You will only earn credit for what you write in the separate Free Response booklet. 1. The economy of Northland is in short-run equilibrium with an actual unemployment rate of 7% and an actual inflation rate of 1%. The natural unemployment rate in Northland is 5%. Using the relevant numerical values given, draw a correctly labeled graph of the ...AP® MACROECONOMICS 2019 SCORING GUIDELINES © 2019 The College Board. Visit the College Board on the Web: collegeboard.org. Question 1 (continued) One point is …***Note: for part 2c, my explanation says more instead of less. I would have lost a point for my contradiction! 😬😭Here is a quick, low edit, video covering... Visit the College Board on the Web: www.collegeboard.org. AP Central is the official online home for the AP Program: apcentral.collegeboard.org. 10 points (2+1+2+3+2) 2 points: One point is earned for drawing a correctly labeled graph showing AD, SRAS, Y1 and PL1. One point is earned for drawing a vertical LRAS at Yf to the right of Y1. 1 point: 1. Assume that the United States economy is operating at less than full employment. (a) Using a correctly labeled aggregate demand and aggregate supply graph, show the following. (i) Full-employment output (ii) Current output (iii) Current price level (b) Identify an open-market operation that could restore full employment in the short run. (c ...2 points. One point is earned for drawing a correctly labeled graph showing the short-run Phillips curve (SRPC). One point is earned for drawing the long-run Phillips curve … Grading Rubric: Point allocations: [1+4+1+1+4=11 points] a) 1 point:Fiscal Policy to reduce unemployment: G up or T down (or increase in Transfer payments) b)1 Point for each of the 4 responses = 4 points 1 point:Correctly labeled AS and AD graph with appropriate slopes (even vertical AS okay for this point). Grading Rubric: Point allocations: [1+4+1+1+4=11 points] a) 1 point:Fiscal Policy to reduce unemployment: G up or T down (or increase in Transfer payments) b)1 Point for each of the 4 responses = 4 points 1 point:Correctly labeled AS and AD graph with appropriate slopes (even vertical AS okay for this point).Begin your response to this question at the top of a new page in the separate Free Response booklet and fill in the appropriate circle at the top of each page to indicate the question number. 2. An economy is currently in short-run equilibrium with a recessionary output gap of billion. $600. (a) Draw a single correctly labeled graph with both ...Antiphospholipid syndrome (APS) is an autoimmune disorder that involves frequent blood clots (thromboses). When you have this condition, your body's immune system makes abnormal pr...

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AP® Macroeconomics 2003 Scoring Guidelines Form B. The materials included in these files are intended for use by AP teachers for course and exam preparation; permission for any other use must be sought from the Advanced Placement Program®. Teachers may reproduce them, in whole or in part, in limited quantities for noncommercial, face-to-face ...Read this guide to learn everything you need to know about AP Macro FRQ, including what the questions cover, what sample AP Macro questions look like, and exactly what you need to study to be well prepared on …AP® MACROECONOMICS 2007 SCORING GUIDELINES Question 1 12 Points (3 + 3 + 2 + 3 +1) (a) 3 points: • One point is earned for a correctly labeled graph of the money market. • One point is earned for showing a rightward shift of the money demand curve. • One point is earned for the conclusion that the interest rate rises . (b) 3 points:Use a pen with black or dark blue ink. 1. Assume that the economy of Country X has an actual unemployment rate of 7%, a natural rate of unemployment of 5%, and an inflation rate of 3%. (a) Using the numerical values given above, draw a correctly labeled graph of the short-run and long-run Phillips curves. Label the current short-run equilibrium ...Sample AP Macroeconomics Free-Response Questions . Here are two examples of the types of free-response questions you'll see on the AP Macro exam. For each question, we'll go through the answers so you can see exactly how points are earned. All sample questions come from the 2019 AP Macroeconomics exam. Long Free-Response QuestionAP® Macroeconomics Scoring Guidelines Set 1 Author: College Board Subject: Advanced Placement; AP; Keywords: 2021 ; AP Exam Administration ; Scoring Guidelines; scoring information; free-response scoring criteria; scoring resources; FRQ; teacher resources; exam information; ADA Created Date: 12/22/2022 2:51:49 PM1 point. One point is earned for stating that the U.S. current account will be in deficit and for explaining that an increase in the U.S. real GDP increases the U.S.’s demand for European goods and services, which increases imports. 2 points. One point is earned for drawing a correctly labeled graph of the foreign exchange market for the euro.AP Central is the official online home for the AP Program: apcentral.collegeboard.org. MACROECONOMICS. Section II Planning Time—10 minutes Writing Time—50 minutes. Directions: You have 10 minutes to read all of the questions in this booklet, to sketch graphs, to make notes, and to plan your answers. ….

Visit the College Board on the Web: www.collegeboard.com. AP Central is the official online home for the AP Program: apcentral.collegeboard.com. MACROECONOMICS. Section II Planning Time—10 minutes Writing Time—50 minutes. Directions: You have 50 minutes to answer all three of the following questions.AP® MACROECONOMICS 2014 SCORING GUIDELINES. MD. QUANTITY OF MONEY. 2014 Th e Colleg Board. Visit the College Board on the Web: www.collegeboard.org. Question. 3. 5 points (1 +2+2) (a) 1 point: • One point is earned for stating that United States exports to South Korea will increase.AP® Macroeconomics 2022 Scoring Guidelines. Question 2: Short. 5 points. (a) Calculate Country A’s real GDP in 2021 as 44,000, calculate Country A’s real GDP per capita Real GDP. in 2021. as 400, and show your work. Real GDP per Capita × = = =. (b) State that the standard of living for the average person in Country A has stayed the same ...AP Central is the official online home for the AP Program: apcentral.collegeboard.com. 12 points (4 + 4 + 2 + 2) (a) 4 points: One point is earned for a correctly labeled graph. One point is earned for showing a rightward shift in New Zealand’s AD curve. One point is earned for the explanation that New Zealand’s exports to Australia increase.AP® Macroeconomics 2012 Free-Response Questions About the College Board The College Board is a mission-driven not-for-profit organization that connects students to college success and opportunity. Founded in 1900, the College Board was created to expand access to higher education. Today, the membership association isWe'll have to wait for any improvement to economic conditions once it dawns upon the voting membership of the FOMC just what they have wrought....XLC Five day workweek. Are you...2019 AP ® MACROECONOMICS FREE-RESPONSE QUESTIONS MACROECONOMICS Section II Total Time—1 hour . Reading Period—10 minutes . Writing Period—50 minutes . Directions: You are advised to spend the first 10 minutes reading all of the questions and planning your answers. You will then have 50 minutes to answer all three of the …AP® Macroeconomics 2008 Scoring Guidelines Form B The College Board: Connecting Students to College Success The College Board is a not-for-profit membership association whose mission is to connect students to college success and opportunity. Founded in 1900, the association is composed of more than 5,400 schools, colleges, universities, and other 2022 AP Exam Administration Scoring Guidelines - AP Macroeconomics \(Set 1\) Author: College Board Subject: AP; Advanced Placement; ADA Keywords "2022 AP Exam Administration; Scoring Guidelines; scoring information; scoring resources; exam information; exam resources; exam materials; teacher resources; "; Created Date: 12/26/2022 9:40:54 AM Ap macro frq answers, AP® Macroeconomics 2008 Scoring Guidelines Form B The College Board: Connecting Students to College Success The College Board is a not-for-profit membership association whose mission is to connect students to college success and opportunity. Founded in 1900, the association is composed of more than 5,400 schools, colleges, universities, and other , May 7, 2023 · Congratulations! You're done with AP Macro. I made this video covering the 2023 FRQs. Let me know how you did on these questions in the comments. Thanks for ... , JHANCOCK DIVERSIFIED MACRO FUND CLASS A- Performance charts including intraday, historical charts and prices and keydata. Indices Commodities Currencies Stocks, 2019 AP ® MACROECONOMICS FREE-RESPONSE QUESTIONS MACROECONOMICS Section II Total Time—1 hour . Reading Period—10 minutes . Writing Period—50 minutes . Directions: You are advised to spend the first 10 minutes reading all of the questions and planning your answers. You will then have 50 minutes to answer all three of the following questions. , Download free-response questions from past exams along with scoring guidelines, sample responses from exam takers, and scoring distributions. If you are using assistive technology and need help accessing these PDFs in another format, contact Services for Students with Disabilities at 212-713-8333 or by email at [email protected]. The ..., You will only earn credit for what you write in the separate Free Response booklet. 1. Assume the United States economy is in short-run macroeconomic equilibrium at an output level greater than potential output. Draw a correctly labeled graph of the aggregate demand, short-run aggregate supply, and long-run aggregate supply curves, and show ..., Use a pen with black or dark blue ink. 1. Assume that the United States economy is currently in a recession in a short-run equilibrium. (a) Draw a correctly labeled graph of the short-run and long-run Phillips curves. Use the letter A to label a point that could represent the current state of the economy in recession. , AP® Macroeconomics 2008 Scoring Guidelines Form B The College Board: Connecting Students to College Success The College Board is a not-for-profit membership association whose mission is to connect students to college success and opportunity. Founded in 1900, the association is composed of more than 5,400 schools, colleges, universities, and other, AP® Macroeconomics 2009 Scoring Guidelines Form B The College Board The College Board is a not-for-profit membership association whose mission is to connect students to college success and opportunity. Founded in 1900, the association is composed of more than 5,600 schools, colleges, universities and other educational organizations., AP Macroeconomics 1999 Free-Response Questions. The materials included in these files are intended for non-commercial use by AP teachers for course and exam preparation; permission for any other use must be sought from the Advanced Placement Program. Teachers may reproduce them, in whole or in part, in limited quantities, for face-to-face ..., 3 points: One point is earned for a correctly labeled graph of a downward-sloping short-run Phillips curve. One point is earned for drawing a vertical long-run Phillips curve and showing point A at the intersection of LRPC and SRPC. One point is earned for showing point B to the right of point A on the SRPC. 1 point:, Study with Quizlet and memorize flashcards containing terms like An economy is operating at a point inside its production possibilities curve (PPC). Which of the following will most likely cause the economy to move toward the current PPC in the short run? A A decrease in government spending B A decrease in inflation C An increase in human capital D An …, AP Central is the oficial online home for the AP Program: apcentral.collegeboard.org. AP® Macroeconomics 2022 Scoring Guidelines. Question 2: Short. 5 points. (a) Calculate Country A’s real GDP in 2021 as 44,000, calculate Country A’s real GDP per capita Real GDP. in 2021. as 400, and show your work. Real GDP per Capita × = = =., 1. A firm has a patent on a new carbon-capture technology, making it the only producer of that device. The firm is curently earning a positive economic profit and is producing the profit-maximizing level of output. (a) Draw a correctly labeled graph for the firm and show each of the following. The quantity of carbon-capture devices produced by ..., Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. Use a pen with black or dark blue ink. 1. Assume that the United States economy is currently in a short-run equilibrium with the actual unemployment, The AP Macroeconomics Exam includes two sections. The first section contains 60 multiple-choice questions. The second section is the free-response section, which includes one long question and two short questions. Below is a detailed breakdown of both the multiple choice and free-response sections. Starting with the 2023 exam, a four-function ..., The AP Macroeconomics course covers the principles of economics that apply to an economic system as a whole. It emphasizes the study of national income, price determination, economic performance measures, economic growth, and international economics. The AP Macro Exam format is: Multiple-Choice : 70 minutes, 66% of exam …, Here is a quick, low edit, video covering my best guesses as to what the answers to the 2023 Macroeconomics Set 2 FRQ will be when the rubrics are officially..., GDP falls 2. Labor force participation rate. labor force/population x 100. unemployment rate. number of unemployed/labor force x 100. Full employment. Natural rate of unemployment, number of unemployed equals job vacancies. Study with Quizlet and memorize flashcards containing terms like % change in GDP, CPI, Inflation rate/% change in price ..., Unit 8: Resources and exam preparation. Mastery unavailable. Prepare for the 2020 AP Macro Exam Every graph used in AP Macroeconomics. Up next for you: Course challenge Test your knowledge of the skills in this course. Start Course challenge., May 17, 2019 ... In this video, Mr. Schmidt answers the third question from the first set of the 2019 AP Macroeconomics Exam's free-response section., Use a pen with black or dark blue ink. 1. Assume that the United States economy is currently in a recession in a short-run equilibrium. (a) Draw a correctly labeled graph of the short-run and long-run Phillips curves. Use the letter A to label a point that could represent the current state of the economy in recession. , 1. Assume that the economy of Meekland is in a long-run equilibrium with a balanced government budget. (a) Using a correctly labeled graph of aggregate supply and aggregate demand, show each of the following. (i) Long-run aggregate supply. (ii) The output level, labeled YE, and the price level, labeled PL E. (b) Assume consumer confidence falls., AP® Macroeconomics 2004 Scoring Guidelines Form B. The materials included in these files are intended for noncommercial use by AP teachers for course and exam preparation; permission for any other use must be sought from the Advanced Placement Program®. Teachers may reproduce them, in whole or in part, in limited quantities, for face-to-face ..., Scoring Guidelines: 13 points (3+1+3+2+1+3) (a) 3 points: - AD/AS graph with full-employment output shown. - showing below full-employment equilibrium. - current price level and output. Question 1 (cont’d.) (b) 1 point: for identifying correct monetary policy: buy bonds. (c) 3 points: - correct graph of the money market., 2021 FRQs . AP Latin . 2021 FRQs. AP Macro . 2021 FRQs Set 1. 2021 FRQs Set 2. AP Music Theory . 2021 FRQs. Audio Prompts . Sight Singing. AP Physics 1 . 2021 FRQs. AP Physics 2 . 2021 FRQs. AP Physics C: E&M. 2021 FRQs. AP Physics C: Mech. 2021 FRQs Set 1. 2021 FRQs Set 2. AP Psych . 2021 FRQs Set 1 . 2021 FRQs …, The College Board states that the AP Macroeconomics FRQ require students to complete four main tasks: Make assertions about economic concepts, principles, models, outcomes, and/or effects. Explain economic concepts, principles, models, outcomes, and/or effects. Perform numerical analysis. Create graphs or visual representations., Visit the College Board on the Web: www.collegeboard.com. AP Central is the official online home for the AP Program: apcentral.collegeboard.com. MACROECONOMICS. Section II Planning Time—10 minutes Writing Time—50 minutes. Directions: You have 50 minutes to answer all three of the following questions., May 3, 2016 ... AP Macroeconomics Multiple Choice - Part 1. 14K ... AP Macro Exam Unit Summaries. ReviewEcon ... 2022 Macroeconomics FRQ Set 1 Answers! (Best ..., AP ® Macroeconomics Exam SECTION II: Free Response, Questions DO NOT OPEN THIS BOOKLET UNTIL YOU ARE TOLD TO DO SO. At a Glance Total Time 1 hour Number of Questions 3 Percent of Total Score 33% Writing Instrument Pen with black or dark blue ink Electronic Device None allowed Reading Period Time 10 minutes. Use this time to read the questions ..., The natural rate of unemployment is 5%, the frictional rate of unemployment is 4%, and the actual rate of unemployment is 7%. (a) What is the numerical value of the cyclical rate of unemployment in Flowerland? (b) Assume the foreign demand for lavender oil produced in Flowerland increases., 2018 AP ® MACROECONOMICS FREE-RESPONSE QUESTIONS MACROECONOMICS Section II Total Time—1 hour . Reading Period— 10 minutes . Writing Period— 50 minutes . Directions: You are advised to spend the first 10 minutes reading all of the questions and planning your answers. You will then have 50 minutes to answer all three of the following ..., Real AP Past Papers with Multiple-Choice Questions. 1. Assume the economy is operating in long-run equilibrium at the full-employment level of output. (a) Draw a correctly labeled aggregate demand and aggregate supply graph that represents this scenario. (b) Suppose the economy experiences a change in consumer spending due to a sharp increase ...