**Official AP Macroeconomics Thread 2013-2014**

<p>Can someone make a google doc so we can discuss them???</p>

<p>@Clinked‌ what did you put down for the third frq, the south korean one?</p>

<p>uhhh I don’t remember the exact question, but I think I had the united states money as appreciating (because the inflation was going down so our money was worth more) so then for the US, exports would decrease and imports would increase (as exports were more expensive for other countries) so south korea would import less of our stuff, USA GDP would decrease, and the exchange rate would increase (with demand for US dollars shifting to the right) idk if I got it right though</p>

<p>@yankees7210 I got this from investopedia: " If the U.S. inflation rate is lower than that of its trading partners, the U.S. dollar is expected to appreciate." so I guess im right.</p>

<p><a href=“https://docs.google.com/document/d/1pLgSTcOOuwn6DinGzRJ8Hhtq9uDz5V9IjzWemdJZEWM/edit”>https://docs.google.com/document/d/1pLgSTcOOuwn6DinGzRJ8Hhtq9uDz5V9IjzWemdJZEWM/edit&lt;/a&gt;&lt;/p&gt;

<p>I’m going to punch myself. For that Korean exchange question I stupidly assumed that lowering inflation mean koreans would buy more U.S. goods because they’d be cheaper. So basically I had the opposite from @Clinked. Do you think I’ll at least get half of the points because my thought-process was correct, but not my logic? </p>

<p>And is there an official Microeconomics thread? That one was just…weird. Terrible and weird. </p>

<p>Shouldn’t it be that the lower inflation rate in U.S. makes us goods more attractive and thus exports will increase to Korea. USD will appreciate. Or that the higher inflation rate in SK will make US goods more appealing and thus they will import more. </p>

<p>Look at 2010 FRQ Q3 D, very similar to this year’s Q3 with the lower US inflation rate
<a href=“http://apcentral.collegeboard.com/apc/public/repository/ap10_frq_macroecon.pdf”>Supporting Students from Day One to Exam Day – AP Central | College Board;
<a href=“http://apcentral.collegeboard.com/apc/public/repository/ap10_macroeconomics_scoring_guidelines.pdf”>Supporting Students from Day One to Exam Day – AP Central | College Board;

<p>excerpt from scoring guideline: "One point is earned for explaining that the higher inflation rate in Argentina makes U.S. goods less
expensive (or more attractive) than Argentinean goods. "</p>

<p>So drawing from this conclusion, the lower inflation rate of US in Q3 2014 leads to increase in exports to SK which has a higher inflation rate </p>

<p>Will they count either answer as acceptable???</p>

<p>hagzzz, that is exactly the reasoning I used to answer that question (In fact, I happened to look at the 2010 FRQ just before taking the exam.)</p>

<p>Just to make sure Collegeboard doesn’t penalize, I will see if I can e-mail Collegeboard about this (and what the 2010 answers said) once the free response questions release in two days. I think other people should do the same.</p>

<p>^Can you tell us what they said on this thread??</p>

<p>Guys! On the second FRQ, for part a I accidentally put selling bonds, but I answered all the other questions that were supposed to be dependent on part a correctly (bond prices increased, etc.) Do I still get credit for the rest of the parts? </p>

<p>@purpleperson88‌ I’m 99% sure you do. I’m fairly sure they look at each question individually according to the scoring guidelines and this you will still receive credit.</p>

<p>Even if according to my first answer the answers were wrong, but according to the rubric they were right? @capitalamerica </p>

<p>@purpleperson88 Yup!</p>

<p>@capitalamerica‌ Thank god! Btw do you know what happened to the google doc?</p>

<p>@purpleperson88 I don’t unfortunately. Probably just some trolls again, like every other Google Doc fiasco. :/</p>

<p>So I can still get partial credit even though technically my answers were all wrong since I got part a wrong right? (all the following answers were dependent on part a)</p>

<p>Does credit count for the rest of the answer if everything was consistent? I think they do that kind of “double jeopardy” rule for most AP exams, so I was wondering if it applied in econ? </p>

<p><a href=“http://www.investopedia(dot)com/articles/basics/04/050704.asp”>http://www.investopedia(dot)com/articles/basics/04/050704.asp</a></p>

<p>Check #1, if inflation rates are lower, purchasing power increases -> exports decrease</p>

<p>Does anyone want to do the free response please? Just so I can see how many points I got and stuff. It would be greatly appreciated.</p>