What is the role of the Federal Reserve? Scholars consider how the bank works behind the scenes of the economy using authentic College Board materials. Other questions consider the impact of inflation on trade with a friendly partner and examine various scenarios on an economy that is otherwise strong. 

Concepts

gross domestic product, supply and demand, supply curves, macroeconomics, test preparation, inflation, trade, the federal reserve system

Show More Show Less

Additional Tags

social studies

Show More Show Less

Instructional Ideas

• Use one of the problems to stimulate a class discussion on banking policy
• Offer all or part of the assessment as practice for the AP® exam

Classroom Considerations

• Questions are from the 2014 AP® Macroeconomics exam
  

Pros

• Problems allow for application of content instruction 
• Feedback is easy using included rubrics

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