2011 AP Macroeconomics宏观经济真题系列之简答题免费下载

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2011 AP Macroeconomics Free-Response Questions Free Download

2011 AP 宏观经济简答题部分免费下载

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1）Assume that the United States economy is currently in a recession in a short-run equilibrium.

1. Draw a correctly labeled graph of the short-run and long-run Phillips curves. Use the letter A to label a point that could represent the current state of the economy in recession.
2. Draw a correctly labeled graph of aggregate demand and aggregate supply in the recession and show each of the following.
   1. The long-run equilibrium output, labeled Yf
   2. The current equilibrium output and price levels, labeled Ye and PLe, respectively
3. To balance the federal budget, suppose that the government decides to raise income taxes while maintaining the current level of government spending. On the graph drawn in part (b), show the effect of the increase in taxes. Label the new equilibrium output and price levels Y2 and PL2, respectively.
4.  Assume that the Federal Reserve uses monetary policy to stimulate the economy.
   1. What open-market policy should the Federal Reserve implement?
   2. Using a correctly labeled graph of the money market, show how the policy in part (d)(i) affects nominal interest rates.
   3. What will be the impact of the policy on the price level? Explain.
5. Now assume instead that the government and the Federal Reserve take no policy action in response to the recession.
   1. In the long run, will the short-run aggregate supply increase, decrease, or remain unchanged? Explain.
   2. In the long run, what will happen to the natural rate of unemployment?

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2011 AP Macroeconomics (Form B) Free-Response Questions Free Download

2011 AP 宏观经济(Form B)简答题部分免费下载

此套题共计时60分钟

共3题

每道大题可能含有不同数量的小题

建议前10分钟读题后50分钟答题

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2011 AP Macroeconomics (Form B) FRQ真题题目

 

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