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  1. AP Macroeconomics
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Economic Indicators and the Business Cycle

Question 1
college-boardMacroeconomicsAPExam Style
1 mark

Which group is included in the calculation of the official unemployment rate?

Question 2
college-boardMacroeconomicsAPExam Style
1 mark

What type of unemployment occurs when a construction worker loses their job because the project was completed?

Question 3
college-boardMacroeconomicsAPExam Style
1 mark

What is an indirect consequence that might arise from persistent exchange rate devaluation affecting a nation's balance of payments?

Question 4
college-boardMacroeconomicsAPExam Style
1 mark

Which of the following is an example of frictional unemployment?

Question 5
college-boardMacroeconomicsAPExam Style
1 mark

What type of unemployment would most likely increase if a government imposes higher taxes on businesses to fund public goods?

Question 6
college-boardMacroeconomicsAPExam Style
1 mark

If the Federal Reserve decides to increase the money supply, which of the following is most likely to decrease as a direct result?

Question 7
college-boardMacroeconomicsAPExam Style
1 mark

Which of the following is an example of structural unemployment?

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Question 8
college-boardMacroeconomicsAPExam Style
1 mark

Which of the following is an example of structural unemployment?

Question 9
college-boardMacroeconomicsAPExam Style
1 mark

What is one direct effect of a cut in personal income tax on employment?

Question 10
college-boardMacroeconomicsAPExam Style
1 mark

Which of the following is an example of voluntary unemployment?