Microeconomics/Macroeconomics 2010

Test Preparation AP Test Preparation
101

<p>math,
the situation described will cause economic profit in the short run, but only normal profit in the long run. this is because, in a perfectly competitive industry, if there is economic profit, more firms will join, pushing supply further to the right. However, when none of these firms are making profit anymore, they begin to leave the industry, pushing the supply curve back left until MC=MR=P=Min ATC=normal profit. I would draw a graph if I could, but im currently too lazy</p>

102

<p>keep posting questions guys! I wanna test myself haha.</p>

103

<p>Bonds and securities are the same thing</p>

104

<p>Does anyone have the answers to the
2005 AP Macro Released Exam?
Need ASAP
Thanks!!</p>

105

<p>

Just want to see a red star so that I can easily locate this thread in case I have questions. They will come tonight and tomorrow.</p>

106

<p>Can someone explain #59 to me? The answer’s D, but wouldn’t that negate the purpose of increasing the money supply (to lower interest rate, increase investment, increase GDP)?</p>

<h1>46, and #53 too please :)</h1>

<p><a href=“Supporting Students from Day One to Exam Day – AP Central | College Board”>Supporting Students from Day One to Exam Day – AP Central | College Board;

107

<p>any releases other than that?^^</p>

108

<p>^Yes, CB released 3 others (2 available for students and 1 available for teachers).</p>

109

<p>Is 5 steps to a 5 a good review book? I just need a book that is concise and gives a solid review since I feel like I will remember a bunch of the material once I see it again.</p>

110

<p>And also is it just me or is 1995 MC exam really easy. I haven’t studied and have missed 2 out of the first 20. This just doesn’t seem right.</p>

111

<p>can someone hook me up?</p>

112

<p>I’m not sure if allowed to do this.</p>

<p>I also know I risk getting this deleted, so everyone should download it as quick as possible.</p>

<p>Collegeboard removed all the AP Macro tests online, besides this one. (It took me forever to find… found it using Chinese Baidu Search Engine, along with Google Translate)</p>

<p><a href=“http://www.rasco.name/0910/AP/WRKSHT/00_AP_Practice_Exam.pdf[/url]”>http://www.rasco.name/0910/AP/WRKSHT/00_AP_Practice_Exam.pdf&lt;/a&gt;&lt;/p&gt;

<p>Im keeping this post until 9:30 Eastern… then deleting it.</p>

<p>ALSO WHAT SHOULD I STUDY MORE? KAPLAN OR BARRONS? I’ve yet to start studying, and I need to plan everything out before I start cramming!</p>

113

<p>meaning of life…Thanks sooooo much!! That was great.</p>

114

<p>Thanks themeaningoflife, really useful post. I think you should cram with Barrons, I prefer their econ book more than Kaplan’s, which seems like its not as detailed on important concepts. I personally prefer REA over the both of them and am using it to study right now.</p>

115

<p>We used the book 5 steps to a 5.</p>

116

<p>Anyone find any old micro exams?
Also, still need with help with my questions =/</p>

<p>"Can someone explain #59 to me? The answer’s D, but wouldn’t that negate the purpose of increasing the money supply (to lower interest rate, increase investment, increase GDP)?</p>

<h1>46, and #53 too please</h1>

<p><a href="Supporting Students from Day One to Exam Day – AP Central | College Board;

117

<p>any more?!</p>

118

<p>

You realize you can’t edit your post after about 10 mins?

Greedy, aren’t we?</p>

119

<p>@ LightSource I didn’t know that? Oh well…</p>

120

<p>An increase in which of the following is most likely to promote economic growth?
A) Consumption spending
B) Investment tax credits
C) The natural rate of unemployment
D) The trade deficit
E) Real interest rate</p>