<p>So. We just took the AP Macroecon. What did everyone think. I thought it was the easiest AP Exam I have taken!!! The FRQ were so easy. Anyone wanna back me up!!</p>
<p>anyone know what the curve is? I ommitted about 20 questions and 1 whole question on the fr section... what are my chances of getting a 4 :</p>
<p>well you need a lot higher marks for macro than let's say, physics for example.</p>
<p>The curve varies from year to year...it's usually around 80% for 5 (yes, a lot higher than the requirement for things like Physics..which is why the % of people getting 5s is so low). </p>
<p>I'd say a 4 is 65-80%?</p>
<p>The first question is equal to the sum of the 2nd and 3rd, so if you left that blank, that's not too good.</p>
<p>There are a total of 90 points in the exam: 60 for the multiple choice, 15 for the first FRQ and 7 1/2 for the other two FRQ. You need about 70 points for a 5. Remember that wrong answers on the multiple choice cost a quarter point apiece.</p>
<p>You could probably squeak a five by getting 2/3s of the FRQ points, plus 52 or 53 right on the multiple choice. </p>
<p>FTC: If you got everything right, your maximum would be 55 points. That's the very bottom of the 4 level. Most likely, you got a 3. Good luck.</p>
<p>I am not sure if this was the case, because normally I'm pretty good at following the directions of the test, but if I forgot to put "3" in the box on top of the page , but the question is clearly number three (because I did it in order, and skipped a page in between questions, and there is the appropriate math and graph and answers), it will still be graded, right?</p>
<p>micro wasnt too bad, either. its no wonder that some top schools give no credit/higher placement for ap econ, its so easy. </p>
<p>i accidentally messed up the number at the top of the page twice for the frq, so i just skipped the page and wrote "turn page" on each so the reader wouldnt think i skipped the questions. i hope that doesnt tick him/her off or something.</p>
<p>Do they scan them, or does a reader just go through the book?</p>
<p>Obviously if they have a book, it will be easy to figure out; otherwise it would be a bit difficult.</p>
<p>so when can we discuss about the FRQ....y do they make us wait 48 hours anyways....</p>
<p>They have the actual booklet for the AP FRQs.</p>
<p>Has it been 48 hours? Can we start discussin?
I forgot some of the Macro frq, but remember ALLLL of the micro questions. Just cause i had so much extra time, that I decided to memorize them all lol.</p>
<p>yay...its past 48 hours.....</p>
<p>okay....the only question that I am not sure about the free response is the computer equipment. Is that a current or capital account? I chose current b/c I thought that it would be a good. Though it could be capital b/c it is an investment. Ahhhhh</p>
<p>For micro, the company will lose economic profits at socially optimum price right? and...lump-subsidy for short run will keep price and output same, but increase profits? and... it was buy more coffee than fudge for marginal utility one right?</p>
<p>Comupter = current account
For micro - Loss of profits
Buy more fudge</p>
<p>Why would you buy more fudge? It had a low utility. So wouldn't buy more coffee to reduce utility?</p>
<p>I can't remember which was which, but one of them had 12 utility and was $2, and one had 20 and was $4. That means the MU/p were 6 and 5, so for them to be equal you'd have to buy less of the one with 12 utility and more of the one with 20.</p>
<p>If anyone can assign the 12 andn 20 to coffee and fudge, that would be helpful lol I only remember the numbers.</p>
<p>Nvm dude we got it wrong. IT should've been more fudge, cause if you increase consumption, marginal utility will fall and so it will go to 10 marginal utility over 2 dollars= 5. And thus it will equal the coffee 20 marginal utility over 4 dollars=5. ugh...w.e it was only like 2 points, and we'll prolly get 1 point for explaining on the right track...</p>
<p>More fudge, less coffee.</p>
<p>Fudge = 6u/$
Coffee = 5u/$</p>
<p>Buy more fudge and get more u/$.</p>
<hr>
<p>Anyone want to talk about #1 on Micro?</p>
<p>ya sure. so for b the short run lump subsidy... was it quantity and price stay the same and the number of firms increase? And for the long-run I said number of firms decrease, and i think I said price and output decreases</p>
<p>I don't know how I did, but I'm pretty sure that the quantity stayed the same.</p>
<p>It was a lump-sum subsidy, so the MC and MR didn't change. Since quantity is determined by those two, quantity shouldn't change either.</p>