What would happen if the federal government replaced the income tax with a national sales tax? Learners consider the consequence and other economic scenarios using authentic College Board materials. Scholars also evaluate the role of...

If a country is facing rising unemployment, should the president ride out the trend or decrease income taxes? Scholars confront two competing policy recommendations and must decide what to do in a practice exam from College Board. Other...

When a country faces a recession, the government has various options: decrease taxes to stimulate consumer spending or increase taxes to fund projects. Which works best? Young economists ponder this question, along with how an increase...

Australia and New Zealand are close trading partners. So what happens when one country goes into a recession? Learners consider the impact using authentic materials from College Board. Other practice questions include examinations of the...

How does employment affect supply and demand? It may seem like a simple question, but an authentic prompt from College Board helps learners unpack various scenarios. Additional queries explore exchange rates and the effects of monetary...