Official 2011 AP Economics Thread

Not so bad. The MC I probably got between 45-55 (hard to get a feel) and the Free Response I might have gotten perfect. Maybe one or two points off… </p>

But I could be wrong and maybe I bombed it. Like I said, its hard to get a feel for it.</p>

Chuki, look at what I said. 2000/10000 = .2</p>

whats the answer!!! .1 or .2 for the “frq”</p>

I put .1 because I thought you had to take into account off of the liabilities :S</p>

but staller…why dont you include bonds plus loans? because ulitmately dont those go back to the bank too?</p>

By the way, CD’s have fixed interest rates so there’s no risk, right?</p>

Hypothetically, would transfer payments and taxes affect disposable income, money supply, or marginal propensity to consume</p>

I don’t know what you mean. There were 10,000 dollars deposited in the bank, and 2,000 of that was required to be reserved. Nothing about bonds or any of that. Its just 2/10.</p>

Also, does it matter if I use a straight line or a curved line for things like supply and demand as long as the slope is correct (positive or negative)?</p>

**** fythola…someone asnwer my questions…wouldnt bonds and loans also be included to make total deposit 20000 instead of 10000</p>

oh btw “hypothetically” did you say that the exports from canada increased to mexico? i did</p>

Less taxes more disposable income.</p>

so exports increased to mexico?</p>

If one country’s currency appreciates vis-a-vie another country, the first country’s exports will decrease as their goods will be more expensive to the latter country.</p>

Bonds are not money. Moreover, the cost of structure and maintenance of building is not money. Therefore, they are not included when determining total reserves. Total reserves merely measure the amount of cash given to bank.</p>

Hypothetically, the imports decreased to Mexico because Canadian goods were relatively more expensive since the CAD appreciated.</p>

so canada exported more to mexico? (this is a “hypothetical wink wink” question…answer jesus christ staller</p>

I explicitly answered and you clearly ignored it. No. When one country’s dollar appreciates, it exports less. Less. Not more. Not increase. Less.</p>

No they export less lol</p>

yo what percentage to get a 5?</p>

About 80-85%</p>

99% bro i think you’re screwed</p>