The government can tweak the economy through a variety of tools. What are their long- and short-term effects? A problem set from College Board examines how the government sometimes pulls the strings to control the economy. 

Concepts

microeconomics, test preparation, government regulation, government spending, elasticity, price elasticity, economics

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Additional Tags

social studies

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Instructional Ideas

• Offer all or part of the assessment for exam review
• Create similar problems for skills practice

Classroom Considerations

• Free-response questions originally appeared in the 2008 AP® exam in microeconomics

Pros

• Scoring guidelines help teachers give constructive feedback
  
• Items offer authentic test practice for the AP® exam

Cons

• None

Common Core

RH.9-10.1 RH.9-10.2 RH.9-10.3 RH.9-10.10 RH.11-12.1 RH.11-12.2 RH.11-12.3 RH.11-12.10