1 long free-response question (50% of section score) 2 short free-response questions (each worth 25% of section score) You’ll be asked to: Make assertions about economic concepts, principles, models, outcomes, and/or effects; Explain economic concepts, principles, models, outcomes, and/or effects; Perform numerical analysis and calculations AP® Macroeconomics 2007 Free-Response Questions 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 5,000 schools, colleges, universities, and otherSubject Organization. Albert’s AP® Macroeconomics multiple choice questions (located in the Practice tab) and free response questions (located in the Free Response tab) are organized in accordance with the College Board’s 2020 AP® Macroeconomics Course and Exam Description into the following units: Unit 1: Basic Economic Concepts. AP Biology. AP Chemistry. AP Environmental Science. AP Physics 1: Algebra-Based. AP Physics 2: Algebra-Based. AP Physics C: Electricity and Magnetism. AP Physics C: Mechanics. The 2022 AP Macroeconomics exam will be split equally between two sections: multiple-choice and free-response questions. The multiple-choice section is worth 66 percent of the exam score while the free-response section is worth 33 percent. (The percentages don’t add up to 100 percent, but these are the numbers posted on the College Board site.)55 questions 1hr 20mins 50% of Score. The multiple-choice section includes individual, single questions as well as sets of questions. You’ll be asked to: Describe, explain, and compare political concepts and processes. Apply Supreme Court decisions in real-life scenarios. Analyze data in graphs, charts, tables, maps, or infographics.AP® 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 PM May 12, 2021 · The 2021 AP Macroeconomics exam consists of 2 sections: multiple-choice and free-response questions. The multiple-choice section is worth 66 percent of the exam score while the free-response section is worth 33 percent. (The percentages don’t add up to 100 percent, but these are the numbers posted on the College Board site.) 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. AP Biology. AP Chemistry. AP Environmental Science. AP Physics 1: Algebra-Based. AP Physics 2: Algebra-Based. AP Physics C: Electricity and Magnetism. AP Physics C: Mechanics. Mar 1, 2022 · 1. Know the format of the AP® Microeconomics exam. You will have 2 hours and 10 minutes to answer 60 multiple-choice questions and 3 free-response questions. The 70-minute multiple-choice section is worth 66% of your total exam score, while the 60-minute free-response section is worth 33% of your total exam score. 2. Be aware of the common ... The free-response questions are divided into parts such as (a), (b), (c), and (d), with each part calling for a different response. Credit for each part is awarded independently, so you should attempt to answer each part. For example, you may receive no credit for your answer to part (a), but still receive full credit for part (b), (c), or (d). AP® Macroeconomics 2007 Free-Response Questions 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 5,000 schools, colleges, universities, and other Mar 1, 2022 · The AP® Macroeconomics multiple-choice section is 60 questions long and you will have 70 minutes to complete the section. The content of the multiple-choice section is dependent on the percentages allotted to each topic relevant to macroeconomics, as previously stated. However, the percent for each topic is variable and the content is always ... AP® Macroeconomics 2010 Free-Response Questions 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 College Board is composed of more than 5,700 schools, colleges, universities and other educational organizations.1. Assume Smithland is in short-run equilibrium at a level of output that exceeds the full-employment level of output. Draw a correctly labeled graph of the aggregate demand, short-run aggregate supply, and long-run aggregate supply curves, and show each of the following. The current equilibrium real output and price level, labeled Y1Try to solve all parts of a question. Many free-response questions are divided into parts such as (a), (b), (c), and (d), with each part calling for a different response. Credit for each part is awarded independently, so you should attempt to solve each part. For example, you may receive no credit for your answer to part (a), but still receive ... Mar 1, 2022 · What is a good AP® Macroeconomics score? For all the Advanced Placement exams, a score of 3 or higher is a passing score. Specifically, the College Board defines a 3 as “qualified”, a 4 as “well qualified” and a 5 as “extremely well qualified.”. The “qualified” in these scores refers to whether or not a student is qualified to ... AP® Macroeconomics 2007 Free-Response Questions 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 5,000 schools, colleges, universities, and other 2019 AP ® MICROECONOMICS FREE-RESPONSE QUESTIONS MICROECONOMICS 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.AP® 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 PMThe 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. Mar 1, 2022 · Along with the AP® Macroeconomics multiple choice questions, which you can find ways to score big, the AP® Macroeconomics free response is another major part of the AP® Macro exam. In this post, you’ll find strategies for tackling the AP® Macroeconomics free response questions. 1. Most important, do as much practice as you can. 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. 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. Apr 5, 2016 · Explain each of your answers. (a) The value of a used textbook sold through an online auction in 2006. Question: Indicate whether each of the following is counted in the United States gross domestic product for the year 2006. Explain each of your answers. (b) Rent paid in 2006 by residents in an apartment building built in 2000. output level labeled Y1, and the equilibrium price level labeled PL1. One point is earned for drawing a correctly labeled vertical long-run aggregate supply (LRAS) curve with full employment output labeled Y f to the right of the short-run equilibrium output level, Y 1 . View the correct answers for activities in the learning path. This procedure is for activities that are not provided by an app in the toolbar. Some MindTap courses contain only activities provided by apps. Click an activity in the learning path. Turn on Show Correct Answers. View Aplia Answer Keys. View the correct answers for Aplia™ activities.The AP Microeconomics exam is scheduled for Wednesday, May 20 at these times: Hawaii Time: 10 a.m. Alaska Time: 12 p.m. Pacific Time: 1 p.m. Mountain Time: 2 p.m. Central Time: 3 p.m. Eastern Time: 4 p.m. The AP Microeconomics make-up exam will be held on Thursday, June 4 at these times: Hawaii Time: 8 a.m.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.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. Mar 20, 2023 · The AP® Microeconomics Exam includes two sections. The first section has 60 multiple-choice questions (MCQs). The second section is the free-response section (FRQs), which includes one long question and two short questions. Section. # of Questions. Time Limit. % of Overall Score. 1: Multiple Choice (MCQs) 60 Questions. The AP® Macroeconomics exam is split into multiple choice questions and free response questions. So, in order to score big on your AP® Macro exam, you’ve got to score big on the AP® Macroeconomics multiple choice. This post is designed to help you do just that! In this post, you’ll find 6 helpful tips for your AP® Macroeconomics review.Aug 18, 2023 · Economics Question 10. Download Solution PDF. If the actual unemployment rate is below the natural rate of unemployment, it would be expected that : The rate of inflation would increase. Wages would fall. Natural rate of unemployment will fall. Demands for goods and services will fall. This is the deadline for you to submit your AP Seminar Individual Research Report and Individual Written Argument performance tasks as final in the AP Digital Portfolio, and for your teacher to score all presentations. Add to Calendar. See Assessment Timeline. APRIL 30, 2024, 11:59 PM EDT. 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. You may begin writing your responsesSee the AP Calculus AB and BC Course and Exam Description for details. However, students may bring any calculator on the list to the exam; any model within each series is acceptable. Only approved graphing calculators from the list are permitted for AP Calculus Exams. This list will be updated as necessary to include new approved calculators. 55 questions 1hr 20mins 50% of Score. The multiple-choice section includes individual, single questions as well as sets of questions. You’ll be asked to: Describe, explain, and compare political concepts and processes. Apply Supreme Court decisions in real-life scenarios. Analyze data in graphs, charts, tables, maps, or infographics. The free-response section includes three long essay questions (worth 10 points each) and four short-answer questions (worth 4 points each). Questions will test your ability to: Explain, analyze, and interpret models and representations of chemical properties or phenomena; Design experiments and procedures to test a prediction or theoryAP® 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 PMThe AP® Microeconomics Exam includes two sections. The first section has 60 multiple-choice questions (MCQs). The second section is the free-response section (FRQs), which includes one long question and two short questions. Section. # of Questions. Time Limit. % of Overall Score. 1: Multiple Choice (MCQs) 60 Questions.AP Calculus AB 2017 Free-Response Solutions Louis A. Talman, Ph.D. Emeritus Professor of Mathematics Metropolitan State University of Denver May 18, 2017 1 Problem 1 1.1 Part a The approximation with a left-hand sum using the intervals given is 50:32+14:43+6:55 = 176:3: (1) 1.2 Part b 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. macroeconomics-final-exam-questions-and-answers 2/13 Downloaded from uniport.edu.ng on August 29, 2023 by guest AP Microeconomics and Macroeconomics Richard Sattora 2009-10 Are You Serious About Scoring a 5 on Your Advanced Placement* Exam? Then You Need REA's Test Prep for the AP* Micro & Macroeconomics Exams - with TestWare CD Written by a What the AD-AS model illustrates. The AD-AS (aggregate demand-aggregate supply) model is a way of illustrating national income determination and changes in the price level. We can use this to illustrate phases of the business cycle and how different events can lead to changes in two of our key macroeconomic indicators: real GDP and inflation. In this video, Sal walks through how to solve question 2 of the 2016 AP Macroeconomics exam. Topics include analyzing reserve requirements, determining the availability of funds that a bank can loan, and money creation through the fractional reserve banking system. Questions.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.View the correct answers for activities in the learning path. This procedure is for activities that are not provided by an app in the toolbar. Some MindTap courses contain only activities provided by apps. Click an activity in the learning path. Turn on Show Correct Answers. View Aplia Answer Keys. View the correct answers for Aplia™ activities.3 questions 1hr 10mins 40% of Score. The free-response section includes three questions: Question 1: Design an investigation presents students with an authentic environmental scenario accompanied by either a model/visual representation or quantitative data. Question 2: Analyze an environmental problem and propose a solution presents students ...The free-response questions come with their own strategy. The primary cause of a badly answered free response question is the lack of organization. You have 70 minutes to answer your questions. While most people think that the free response questions take a long time to answer, it does not have to be that way. The best strategy is to plan ahead.AP ® Macroeconomics 2022 Free-Response Questions . 1. Assume a country’s economy is operating below full employment. (a) Draw a correctly labeled graph of aggregate demand, short-run aggregate supply, and long-run aggregate supply, and show each of the following. (i) The current equilibrium real output and price level, labeled as Y1 and PL. 1AP Classroom Draw a Conclusion: Make an accurate statement from what has been presented. 3. Plan your response BEFORE beginning to write your response. One of the most commonly cited mistakes students make on the AP® GoPo free response section is not actually answering the question in a thoughtful way.AP Classroom1 long free-response question (50% of section score, or 10 points) 2 short free-response questions (each worth 25% of section score, or 5 points each) Questions ask you to analyze unique scenarios using different course concepts. You will be expected to synthesize many of the concepts you have learned throughout the course.AP® Macroeconomics 2013 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 is scoring guidelines; 2019 AP exam administration; teacher resources; exam resources; exam practice; exam scoring information; exam preparation; course preparation; AP Microeconomics Scoring Guidelines from the 2019 Exam AI±9 ÷s íj¾KÔ¦ ~¤} âÉMÝ · (ók Üßï'Ãz¹ÆÀÆ°B yÀB.ðStudents with documented disabilities may be eligible for accommodations for the through-course assessment and the end-of-course exam. If you’re using assistive technology and need help accessing the PDFs in this section in another format, contact Services for Students with Disabilities at 212-713-8333 or by email at [email protected] 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.Interpret and manipulate economic models in the context of an open, international market. Learn how how economic activity between nations must be facilitated by complex currency exchange markets. Explain the connections between macroeconomic variables and the international movement of goods, services, and financial capital.1. Know the format of the AP® Microeconomics exam. You will have 2 hours and 10 minutes to answer 60 multiple-choice questions and 3 free-response questions. The 70-minute multiple-choice section is worth 66% of your total exam score, while the 60-minute free-response section is worth 33% of your total exam score. 2. Be aware of the common ...AP ® Macroeconomics 2021 Free-Response Questions. MACROECONOMICS SECTION II . Total Time—1 hour . Reading Period—10 minutes . Writing Period—50 minutes 1 Macroeconomics Final Test Questions And Answers If you ally habit such a referred Macroeconomics Final Test Questions And Answers books that will pay for you worth, acquire the certainly best seller from us currently from several preferred authors. If you want to droll books, lots of novels, tale, jokes, and more fictions collections are next Economics Question 10. Download Solution PDF. If the actual unemployment rate is below the natural rate of unemployment, it would be expected that : The rate of inflation would increase. Wages would fall. Natural rate of unemployment will fall. Demands for goods and services will fall.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. You may begin writing your responsesMay 12, 2021 · The 2021 AP Macroeconomics exam consists of 2 sections: multiple-choice and free-response questions. The multiple-choice section is worth 66 percent of the exam score while the free-response section is worth 33 percent. (The percentages don’t add up to 100 percent, but these are the numbers posted on the College Board site.) The free response questions will more than likely ask you to draw multiple graphs. You will also have a suggested ten minutes before answering to develop coherent answers. These answers should be in the order of the parts of the questions, and answers to separate parts should be labeled as such. Graphs for the exam should be neat and able to be ...23 1 N 0 6.02 10 mol Universal gas constant, R 8.31 J (mol K) < Boltzmann’s constant, 1.38 10 J K 23 k B Electron charge magnitude, e 1.60 10 C 19. 1 electron volt, 1 eV 1.60 10 J 19. Speed of light, c 3.00 10 m s. 8. Universal gravitational constant, G 6.67 10 N m k 11 2 2 < g Acceleration due to gravity at Earth’s surface, g. 9.8 m s. 2 ...AP Classroom Get exam information and free-response questions with sample answers you can use to practice for the AP Macroeconomics Exam. 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 of the following questions. You may begin writing your responses before the reading period is over.Section IB: Short Answer. 3 questions 40mins 20% of Score. In the short-answer section, you’ll write answers to questions in your test booklet. Some questions include texts, images, graphs, or maps. Question 1 is required, includes 1–2 secondary sources, and focuses on historical developments or processes between the years 1754 and 1980.60 Questions in 70 Minutes; Reflects Topic Outline Above; Example: 3-6 Questions on Economic Growth. Free Response (1/3 of Score) 3 Questions in 60 Minutes (with 10 minutes of recommended reading and planning time) Score distribution. The exam was first held in 1989, along with Microeconomics. Grade distributions since 2011 are as follows:The AP Physics 1: Algebra-Based Exam will test your understanding of the scientific concepts covered in the course units, as well as your ability to use algebra when solving problems related to Newtonian mechanics, energy, and more. You can use a four-function, scientific, or graphing calculator throughout the exam, and you will be provided ... The AP Physics 1: Algebra-Based Exam will test your understanding of the scientific concepts covered in the course units, as well as your ability to use algebra when solving problems related to Newtonian mechanics, energy, and more. You can use a four-function, scientific, or graphing calculator throughout the exam, and you will be provided ... The free-response section includes three long essay questions (worth 10 points each) and four short-answer questions (worth 4 points each). Questions will test your ability to: Explain, analyze, and interpret models and representations of chemical properties or phenomena; Design experiments and procedures to test a prediction or theoryAP® Macroeconomics 2010 Free-Response Questions 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 College Board is composed of more than 5,700 schools, colleges, universities and other educational organizations.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 of the ...2019 AP ® MICROECONOMICS FREE-RESPONSE QUESTIONS MICROECONOMICS 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 ...
Practice for the AP Exams. The best way to prepare for an AP Exam is to participate in your AP class. It also helps to set aside consistent study time, complete all assignments from your teacher, and become familiar with the exam by practicing with exam questions created by AP. On AP Central, we release the free-response questions for exams ... . 305 390 7407
Unit 1: Basic Economic Concepts. You’ll study the foundations of microeconomic thinking, including how to evaluate decisions based on constraints and trade-offs and make rational economic choices. Topics may include: Scarcity. Resource allocation and economic systems. The Production Possibilities Curve. Comparative advantage and gains from trade. View the correct answers for activities in the learning path. This procedure is for activities that are not provided by an app in the toolbar. Some MindTap courses contain only activities provided by apps. Click an activity in the learning path. Turn on Show Correct Answers. View Aplia Answer Keys. View the correct answers for Aplia™ activities.2019 AP ® CALCULUS AB FREE-RESPONSE QUESTIONS . 4. A cylindrical barrel with a diameter of 2 feet contains collected rainwater, as shown in the figure above. The . water drains out through a valve (not shown) at the bottom of the barrel. The rate of change of the height . h . of . the water in the barrel with respect to time . t . is modeled ...AP Calculus AB 2017 Free-Response Solutions Louis A. Talman, Ph.D. Emeritus Professor of Mathematics Metropolitan State University of Denver May 18, 2017 1 Problem 1 1.1 Part a The approximation with a left-hand sum using the intervals given is 50:32+14:43+6:55 = 176:3: (1) 1.2 Part bThe 2021 AP Microeconomics exam will consist of 2 typical sections: multiple-choice and free-response questions. The multiple-choice section is worth 66 percent of the exam score while the free-response section is worth 33 percent. (The percentages don’t add up to 100 percent, but these are the numbers posted on the College Board site.)Mar 1, 2022 · AP® Macroeconomics FRQ Tips 1. Know the best bets for the two short FRQs. More than likely, the two short free-response questions on the AP® Macro exam will include one of the following topics: Exchange rates, foreign exchange markets, determinants of exchange rates; Effect of a change in deposits in the banking system, using the money multiplier The AP Microeconomics exam is scheduled for Wednesday, May 20 at these times: Hawaii Time: 10 a.m. Alaska Time: 12 p.m. Pacific Time: 1 p.m. Mountain Time: 2 p.m. Central Time: 3 p.m. Eastern Time: 4 p.m. The AP Microeconomics make-up exam will be held on Thursday, June 4 at these times: Hawaii Time: 8 a.m.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 of the ...AP Calculus AB 2017 Free-Response Solutions Louis A. Talman, Ph.D. Emeritus Professor of Mathematics Metropolitan State University of Denver May 18, 2017 1 Problem 1 1.1 Part a The approximation with a left-hand sum using the intervals given is 50:32+14:43+6:55 = 176:3: (1) 1.2 Part b2019 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. AP Macroeconomics Exam Date – AP Students | College Board. Friday, May 10, 2024 12 PM Local.1 Macroeconomics Final Test Questions And Answers If you ally habit such a referred Macroeconomics Final Test Questions And Answers books that will pay for you worth, acquire the certainly best seller from us currently from several preferred authors. If you want to droll books, lots of novels, tale, jokes, and more fictions collections are nextSection 1: Multiple Choice. 55 questions 45% of Score. There are 5 sets of questions made up of 8–13 questions each. Questions include excerpts from prose fiction, drama, or poetry. Each excerpt is accompanied by several multiple-choice questions. There will be at least 2 prose fiction passages (this may include drama) and at least 2 poetry ...3 questions 1hr 10mins 40% of Score. The free-response section includes three questions: Question 1: Design an investigation presents students with an authentic environmental scenario accompanied by either a model/visual representation or quantitative data. Question 2: Analyze an environmental problem and propose a solution presents students ...output level labeled Y1, and the equilibrium price level labeled PL1. One point is earned for drawing a correctly labeled vertical long-run aggregate supply (LRAS) curve with full employment output labeled Y f to the right of the short-run equilibrium output level, Y 1 .Definition. short-run aggregate supply (SRAS) a graphical model that shows the positive relationship between the aggregate price level and amount of aggregate output supplied in an economy. short-run. in macroeconomics, a period in which the price of at least one factor of production cannot change; for example, if wages are stuck at a certain ...Along with the AP® Macroeconomics multiple choice questions, which you can find ways to score big, the AP® Macroeconomics free response is another major part of the AP® Macro exam. In this post, you’ll find strategies for tackling the AP® Macroeconomics free response questions. 1. Most important, do as much practice as you can.Unit 1: Basic Economic Concepts. You’ll study the foundations of microeconomic thinking, including how to evaluate decisions based on constraints and trade-offs and make rational economic choices. Topics may include: Scarcity. Resource allocation and economic systems. The Production Possibilities Curve. Comparative advantage and gains from trade. .