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Ap macroeconomics 2021 free response questions set 1 answers?
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Ap macroeconomics 2021 free response questions set 1 answers?
(a) Using the numerical values given above, draw a correctly labeled graph of the short-run and long-run Phillips curves. 2021 AP ® Macroeconomics Sample Student Responses and Scoring Commentary Set 1 Inside: Free Response Question 3. 2021 AP Exam Administration Scoring Statistics - AP Macroeconomics: Set 1 Author: College Board Subject: Advanced Placement; AP; 2019 AP ® MACROECONOMICS FREE-RESPONSE QUESTIONS (a) Draw a correctly labeled graph of the short-run and long-run Phillips curves. One point is earned for calculating the maximum possible change in the money supply: 10 × $50 = $500 million. The College Board is a mission-driven not-for-profit organization that connects students to college success and opportunity. AP Central is the official online home for the AP Program: apcentralorg. Directions: Questions 1-3 are long free-response questions that require about 23 minutes each to answer and are worth 10 points each. Whether you are preparing for an exam, job interview, or simply want to expand your. (ii) Calculate the deadweight loss as $40 and show your work. Draw a correctly labeled graph of the aggregate demand, short-run aggregate supply, and long-run aggregate supply curves, and show. 1. (a) Draw a correctly labeled graph for FillUp and show each of the following. The response earned the first point in part (f) for drawing a correctly labeled graph of the loanable funds market. (a) Draw a correctly labeled graph of the long-run aggregate supply, short-run aggregate supply, and aggregate demand curves, and show each of the following. Then you will have 50 minutes to answer all three questions in the free-response section. Use the passage to answer all parts of the question that follows. AP® Macroeconomics 2022 Scoring Guidelines 5 points. and Free-Response Questions and Scoring Information. The natural rate of unemployment is 5%, the frictional rate of unemployment is 4%, and the actual rate of unemployment is 7%. (a) Draw a correctly labeled graph of the long-run aggregate supply, short-run aggregate supply, and aggregate demand curves, and show each of the following. Individual questions. Set-based questions. Are you considering signing up for a Prime membership free trial? If so, you may have some questions about how it works and what benefits you can enjoy during this trial period When it comes to health-related questions, it can be difficult to find reliable answers. (b) Calculate and interpret the expected value for the number of gift cards a particular employee will receive in a 52-week year (c) Suppose that Agatha, an employee at the company, never receives a gift card for an entire 52-week year. Question 1. (ii) The full-employment output, labeled as The AP Macroeconomics Exam includes two sections. World History: Modern 2021 Free-Response Questions. (a) Draw a correctly labeled graph of the long-run aggregate supply, short-run aggregate supply, and aggregate demand curves, and show each of the following. Scoring Statistics - Set 2. If you are using assistive technology and need help accessing these PDFs in another format, contact Services for Students with Disabilities at 212-713-8333 or by email at ssd@infoorg. (a) Draw a correctly labeled graph for SkyRunner, and show each of the following. The first section contains 60 multiple-choice questions. Identify the author's argument, main idea, or thesis. AP Classroom is a free and flexible online platform that provides instructional resources for each AP course to support student learning of all course content and skills. AP® Macroeconomics 2022 Scoring Guidelines 5 points. Describe one cause for the development of the Concert of Europe in the early 1800s. (i) The current equilibrium real output and price level, labeled as Y1 and PL. Question 1 (continued) Sample: 1B Score: 6. (i) The profit-maximizing quantity of tickets, labeled 2021 AP® Macroeconomics Sample Student Responses and Scoring Commentary Set 2 Inside: Free Response Question 2 • Scoring Guideline One point is earned for drawing a correctly labeled vertical long-run aggregate supply (LRAS) curve with full employment output labeled Yf to the right of the short-run equilibrium output level, Y1. You will then have 50 minutes to answer all three of the. Explain ONE difference between world cities and metacities. It is suggested that you spend 15 minutes reading the question, analyzing and evaluating the sources, and 40 minutes writing your response. (a) Draw a correctly labeled graph for SkyRunner, and show each of the following. Use a pen with black or dark blue ink Canada is an open economy that is currently in a recessionary output gap. With WebMD Q&A, you can get the answers you need quickly and easily. You must write your response to each question on the lined page designated for that response. Maven raised $90 million at a $1. The 2023 Ford Maverick is a highly anticipated pickup truck that has been in the works for some time. The materials included in these files are intended for use by AP teachers for course and exam preparation; permission for any other use must be sought from the Advanced Placement Program®. Draw a correctly labeled graph of the aggregate demand, short-run aggregate supply, and long-run aggregate supply curves, and show. Scoring Distributions. (b) Assume consumer confidence falls. If you reside in Indiana, you might be surprised to discover that there could be unclaimed money waiting for you. Download free-response questions from this year's exam and past exams along with scoring guidelines, sample responses from exam takers, and scoring distributions. United States Government and Politics 2023 Free-Response Questions In 2003, California's Democratic governor Gray Davis' popularity was decreasing due to a budget shortfall and an energy crisis that received widespread coverage in the news. Show all your work in this booklet in the spaces provided after each part. Download free-response questions from past AP Human Geography. (ii) FillUp's profit-maximizing price, labeled PF. 12 days and 21 days. (b) (i) (ii) Calculate the minimum change in government spending as $150 billion and show your work75) = $600 billion Spending Multiplier = − 4 = $150 billion Calculate the minimum change hange in GDP in taxes as $200 billion and show your work. (a) (i) State that the government budget will move into deficit in the short run and explain that tax revenues (T) will decrease and transfer payments (TR) will increase 2022 AP Exam Administration Scoring Guidelines - AP Macroeconomics \(Set 1\) Author: College Board Subject: AP; Advanced Placement; ADA Keywords "2022 AP Exam Administration; Scoring Guidelines; scoring information; scoring resources; exam information; exam resources; exam materials; teacher resources; "; Created Date: 12/26/2022 9:40:54 AM Part A. (a) Draw a correctly labeled graph of the long-run aggregate supply, short-run aggregate supply, and aggregate demand curves, and show each of the following. Below is a detailed breakdown of both the multiple choice and free-response sections. Standard Deviation Number of Possible Points ; 1 501 : 10 : 2 147 ; 5 : 3 341 ; 5 org Title: AP® Macroeconomics Scoring Statistics 2019 Free-Response Questions Set 2 Author: College Board Subject: 2019 AP Exam Administration: Scoring. Use the letter A to label a point that could represent the current state of the economy in recession. (a) Draw a correctly labeled graph of the aggregate demand, short-run aggregate supply, and long-run aggregate supply curves, and show each of the following. 12 Points. One point is earned for stating that the U current account will be in deficit and for explaining that an increase in the U real GDP increases the U’s demand for European goods and services, which increases imports One point is earned for drawing a correctly labeled graph of the foreign exchange market for the euro. Founded in 1900, the association is composed of more than 5,400 schools, colleges, universities, and other educational organizations. 1. World History: Modern 2021 Free-Response Questions. If you are using assistive technology and need help accessing these PDFs in another format, contact Services for Students with Disabilities at 212-713-8333 or by email at ssd@info. 1. AP ® Macroeconomics 2021 Free-Response Questions SECTION II Total Time—1 hour Reading Period—10 minutes. One point is earned for drawing a vertical long-run Phillips curve and showing point A at the intersection of LRPC and SRPC. AP ® Macroeconomics 2021 Free-Response Questions. The natural unemployment rate in Northland is 5%. (iii) Calculate the producer surplus as $245 and show your work. You will likely spend more time on each of the two long free-response questions than on each of the four short-response questions. (b) Is the actual inflation rate greater than, less than, or equal to the expected inflation rate of 3%? 2. The firm will not earn positive economic profit if the ATC curve is drawn such that ATC>PC or ATC=PC at QC. (c) (i) 7. Use a pen with black or dark blue ink Canada is an open economy that is currently in a recessionary output gap. For exam security, several different sets of free-response questions were administered. 2021 AP® Macroeconomics Free-Response Questions • Number of Students Scored 124,436 • Number of Readers 285 • Score Distribution Exam Score N %At 7 1 40,992 3274 The following comments on the 2021 free-response questions for AP® Macroeconomics were written by the Chief Reader, Sam Andoh, Professor of. The response earned the second point in part (f) for correctly shifting the supply of loanable funds curve to the right and showing a decrease in the equilibrium real interest rate. Write your response to QUESTION 3 on this page For each of these questions, you will hear a harmonic progression in four parts. (a) Draw a correctly labeled graph of the aggregate demand, short-run aggregate supply, and long-run aggregate supply curves, and show each of the following. (a) Draw a correctly labeled graph of the aggregate demand, short-run aggregate supply, and long-run aggregate supply curves, and show each of the following. 12 Points. Writing Period—50 minutes Directions: You are advised to spend the first 10 minutes reading all of the questions and planning your answers. 3 Questions Directions: You are advised to spend the first 10 minutes reading all of the questions and planning your answers. Question 1: Short Answer (a) For using conservation of energy to find the speed v of the bicycle as it leaves the ramp For using kinematics, vertical components, attempting to find the time the bicycle is in the air For a correct expression for X0 in terms of given quantities 1 point. 1 Scoring guidelines for the Create performance task written response prompts will be unique every year and are not provided in advance. If you’re looking for a fun and interactive way to engage your audience, free trivia questions and answers are the perfect solution. Draw a correctly labeled production possibilities curve for Rankinland. AP Macroeconomics Question 1 (continued) • The response earned 1 point in part (d) for stating that cyclical unemployment is the concern because of a decrease in AD and real output. See full list on apcentralorg Download free-response questions from past AP Macroeconomics exams, along with scoring guidelines, sample responses from exam takers, and scoring distributions. apartment near me cheap One point is earned for showing equilibrium output and price level to the left. The first section contains 60 multiple-choice questions. Are you looking for answers to your questions about T-Mobile products and services? The T-Mobile official website is the best place to get all the information you need Insurance can be an expensive thing to purchase, and there are plenty of factors that can make your premiums cost even more than you anticipated. Write your response to QUESTION 3 on this page For each of these questions, you will hear a harmonic progression in four parts. Questions 3 through 6 are short free-response questions that require about 10 minutes each to answer. Assume a country's economy is operating below full employment. AP® Macroeconomics 2021 Scoring Guidelines Question 1: Long 10 points (a) Draw a correctly labeled aggregate demand-aggregate supply graph that shows PL 1 and Y 1 at the intersection of AD and SRAS. FRQ; teacher resources; exam information; student resources; free-response questions; ADA Created Date: 8/17/2021 5:25:45 PM. 1. You may begin writing your responses before the. In today’s fast-paced world, staying updated with the latest general knowledge (GK) is crucial. Use a pen with black or dark blue ink Assume the United States economy is in recession. With a wide range of services, including laboratory testing and diagnostic imaging, Quest Diagnos. SkyRunner is earning positive economic profits. Barry, has many papers to grade. Where calculations are required, clearly show how you arrived at your answer. medical receptionist jobs no experience (ii) The area of economic losses, shaded completely. Writing Period—50 minutes. The first section contains 60 multiple-choice questions. (ii) The output level, labeled YE, and the price level, labeled PL E. It is used to gauge inflation and changes in the cost of living. AP ® Computer Science A 2021 Free-Response Questions (a) Write the WordMatch method scoreGuess. (b) Is the actual inflation rate greater than, less than, or equal to the expected inflation rate of 3%? (a) 1 point: • One point is earned for stating that the federal funds rate is the interest rate on short-term loans between banks. The College Board is a mission-driven not-for-profit organization that connects students to college success and opportunity. Where calculations are required, clearly show how you arrived at your answer. Free-Response Questions - Set 2. SkyRunner is earning positive economic profits. Suggested time—40 minutes. The long-run aggregate supply curve. baja bug Using the data in the table, explain ONE limitation of the world city classification. (a) Draw a correctly labeled graph for FillUp and show each of the following. (ii) AP® Macroeconomics 2021 Scoring Guidelines 5 points. They give an overview of each free-response question and of how students performed on the question, including typical student errors. When you set up your wireless connection, the router or device that enables the connection is called an access point. Q3 Sample C Page 1 of 1 Macroeconomics 2022 Scoring Commentary Note: Student samples are quoted verbatim and may contain spelling and grammatical errors The question examined students’ understanding of the foreign exchange market and how changes in the real interest rate affect financial. The materials included in these files are intended for use by AP teachers for course and exam preparation; permission for any other use must be sought from the Advanced Placement Program®. Y 1 (ii) The full-employment output, labeled. Explain one way in which the Concert of Europe affected Europe during the first half of the 1800s. (a) Draw a correctly labeled graph for SkyRunner, and show each of the following. (c) 1 point: • One point is earned for calculating the maximum change in loans, which is $40 million. (b) (i) State that the quantity exchanged at the price floor will be 30 bushels. 'Tis the season for prying family members' inquisitions. You will then have 50 minutes to answer all three of the following questions.
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(a) Draw a correctly labeled graph for SkyRunner, and show each of the following. Here are legit ways to get paid for answering questions. If you’re a runner or someone who spends a lot of time on their feet, you know the importance of finding the right pair of shoes. useful visual organization of the AP Macroeconomics curricular components, including: Sequence of units, along with approximate weighting and suggested pacing. Where calculations are required, clearly show how you arrived at your answer. The 2020 free-response questions are available in the AP Classroom question bank. Label the current short-run equilibrium. Free-Response Questions collegeboard AP Central is the official online home for the AP Program: apcentralorg. Scoring Note: The answer should be consistent with the position of the ATC curve with respect to the demand curve at QC on the graph drawn in part (b)(ii). Steverail, the only provider of train service operating between two cities, is currently incurring economic losses. Support your answer using features of the graph. This wildly popular multiplayer game has taken the world by storm, captivating players with its unique blend. • The response earned 1 point in part (b)(ii) for stating that cyclical unemployment decreases. Question 1. AP® Macroeconomics Exam Regularly Scheduled Exam Date: Thursday morning, May 17, 2012 Late-Testing Exam Date: Wednesday morning, May 23, 2012 Total Time: 1 hour, 10 minutes Number of Questions: 60 Percent of Total Score: 66. They give an overview of each free-response question and of how students performed on the The suggested time is about 15 minutes for answering each of the questions, which are worth 15 points each. You will only earn credit for what you write in the separate Free Response booklet Assume the United States economy is in short-run macroeconomic equilibrium at an output level greater than potential output. (a) Calculate the consumer surplus if New Zealand does not trade with the rest of the world (b) Instead, assume New Zealand decides to trade wool in the world market. You may begin writing your responses before the reading period is over. Unless directions indicate otherwise, respond to all parts of all four questions. With a wide range of services, including laboratory testing and diagnostic imaging, Quest Diagnos. Directions: Questions 1-3 are long free-response questions that require about 23 minutes each to answer and are worth 10 points each. ” While it may seem like a simple request, many find themselves. Y 1 (ii) The full-employment output, labeled. kilpatrick funeral home obituaries shreveport Standard Deviation Number of Possible Points ; 1 495 : 10 : 2 136 ; 5 : 3 253 ; 5. AP Central is the official online home for the AP Program: apcentralcom. Unclaimed money refers to any financial assets that have been aban. FRQ; teacher resources; exam information; student resources; free-response questions; ADA Created Date: 8/17/2021 5:26:13 PM. AP Central is the official online home for the AP Program: apcentralorg. AP® Macroeconomics 2002 Free-Response Questions Form B. AP® Macroeconomics 2003 Free-Response Questions. (i) The profit-maximizing quantity of tickets, labeled Begin your response to this question at the top of a new page in the separate Free Response booklet and fill in the appropriate circle at the top of each page to indicate the question number An economy is currently in short-run equilibrium with a recessionary output gap of billion (a) Draw a single correctly labeled graph with both. AP® Macroeconomics 2021 Scoring Guidelines Question 1: Long 10 points (a) Draw a correctly labeled aggregate demand-aggregate supply graph that shows PL 1 and Y 1 at the intersection of AD and SRAS. WebMD Q&A is an online. As usual, students scored significantly higher on the multiple-choice section than on the free-response questions. 5 points. Answers must be written out in paragraph form. On AP Central, we release the free-response questions for exams that have them. Why do people have trouble reading books? The primary answer you're likely to receive when asking this question is that reading is boring. course is structured following the unit and topic structure provided in the AP Macroeconomics Course and Exam Description. In each case, the progression will be played four times. (a) Calculate the total revenue at the market price as $250 and show your work. implicated AP ® Macroeconomics 2022 Free-Response Questions Assume a country's economy is operating below full employment. Questions 3 through 6 are short free-response questions that require about 10 minutes each to answer. After hearing a loud crash, Steve becomes quite upset and rushes into the living room, where he sees a lamp shattered on the floor. If you are using assistive technology and need help accessing these PDFs in another format, contact Services for Students with Disabilities at 212-713-8333. Question 1. AP ® Macroeconomics 2021 Free-Response Questions. The parts within a question may not have equal weight. Sample AP Macroeconomics Free-Response Questions Currently, the College Board has AP Macroeconomics FRQ from 2021 as well as 1999-2019. (a) Using the numerical values given above, draw a correctly labeled graph of the short-run and long-run Phillips curves. 1 point For the second point, the graph must show a vertical LRAS curve to the left of Y 1. Marginal Revenue Product = (20-8)/(2-1) × $10 or ($200-$80)/(2-1) = $120 Download free-response questions from this year's exam and past exams along with scoring guidelines, sample responses from exam takers, and scoring distributions. You will only earn credit for what you write in the separate Free Response booklet The economy of Northland is in short-run equilibrium with an actual unemployment rate of 7% and an actual inflation rate of 1%. These AP-style questions and answers are similar to the ones you will find on the exam, so you will know what to expect on your test day. • The response earned 1 point in part (b)(i) for stating that AD will increase because of an increase in exports. (b) The central bank and the government do not take any policy actions. 1. kahtia hall leaving The answer is they should be inspected daily at the beginning of. (a) Draw a correctly labeled graph for SkyRunner, and show each of the following. It is suggested that you spend 15 minutes reading the question, analyzing and evaluating the sources, and 40 minutes writing your response. Assume that the United States economy is currently in a short-run equilibrium with the actual unemployment rate above the natural rate of unemployment. In your response, use substantive examples where appropriate. and Directions: You have 1 hour and 40 minutes to answer all four of the following questions. The riddle is making a pun on the word answer. (a) State that the cyclical rate of unemployment in Flowerland is 2% (i) (b) State that aggregate demand will increase and explain that net exports will increase AP® Macroeconomics Scoring Statistics 2021 Free-Response Questions Set 2 Mean Number of Possible Points4814 3 Questions. Directions: You have 1 hour and 40 minutes to answer all four of the following questions. Explain the importance of world cities as nodes in the hierarchical diffusion of a globalized culture. Standard Deviation Number of Possible Points ; 1 429 : 10 : 2 258 ; 5 : 3 251 ; 5 org Title: AP® Macroeconomics Scoring Statistics 2019 Free-Response Questions Set 1 Author: College Board Subject: 2019 AP Exam Administration: Scoring. (b) (i) State that the quantity exchanged at the price floor will be 30 bushels.
Download free-response questions from this year's exam and past exams along with scoring guidelines, sample responses from exam takers, and scoring distributions. The first section contains 60 multiple-choice questions. (ii) The full-employment output, labeled as 5 points. : Question 1: Design an investigation presents students with an authentic environmental scenario accompanied by either a model/visual representation or quantitative data. One point is earned for showing equilibrium output and price level to the left. You will only earn credit for what you write in the separate Free Response booklet Part A. (c) 1 point: • One point is earned for calculating the maximum change in loans, which is $40 million. google dog translator Use a pen with black or dark blue ink Canada is an open economy that is currently in a recessionary output gap. AP ® Macroeconomics 2021 Free-Response Questions SECTION II Total Time—1 hour Reading Period—10 minutes. AP Central is the official online home for the AP Program: apcentralcom Section II Planning Time—10 minutes Writing Time—50 minutes. (a) What is the numerical value of the cyclical rate of unemployment in Flowerland? (b) Assume the foreign demand for lavender oil produced in Flowerland increases. AP® Macroeconomics 2008 Free-Response Questions Form B. Download free-response questions from past AP Macroeconomics exams, along with scoring guidelines, sample responses from exam takers, and scoring distributions. You will then have 50 minutes to answer all three of the following questions. best vizio elevate settings Marginal Revenue Product = (20-8)/(2-1) × $10 or ($200-$80)/(2-1) = $120 Download free-response questions from this year's exam and past exams along with scoring guidelines, sample responses from exam takers, and scoring distributions. Gaskin answers some of the mo. Note: You may begin writing your response before the reading period is over. You will only earn credit for what you write in the separate Free Response booklet Assume the United States economy is in short-run macroeconomic equilibrium at an output level greater than potential output. Real GDP per Capita × = = =. SkyRunner is earning positive economic profits. att prepaid set up AP® Macroeconomics Scoring Statistics 2016 Free-Response Questions Question Mean Standard Deviation Number of Possible Points 1 498 10. Questions 3 through 6 are short free-response questions that require about 10 minutes each to answer. (iii) Calculate the producer surplus as $245 and show your work. 5 points. Starting with the 2023 exam, a four-function. AP Central is the official online home for the AP Program: apcentralcom Section II Planning Time—10 minutes Writing Time—50 minutes. As a result, Republicans in the state initiated a recall election of the governor by gathering. Use the passage to answer all parts of the question that follows. Download free-response questions from past AP Macroeconomics exams, along with scoring guidelines, sample responses from exam takers, and scoring distributions.
Unless directions indicate otherwise, respond to all parts of all four questions. However, many candidates struggle to provide a concise and impactful response. Answers must be written out in paragraph form. 'Tis the season for prying family members' inquisitions. Students were asked to show that the profit-maximizing quantity (QM) occurs where MR equals MC and that the profit-maximizing price (PM) is determined by identifying the price that corresponds to this quantity from the demand curve. In answering the questions, you should emphasize the line of reasoning that generated your results; it is not enough to list the results of your analysis. Unless directions indicate otherwise, respond to all parts of all four questions. AP Central is the official online home for the AP Program: apcentralcom. Label the current short-run equilibrium. Draw a correctly labeled production possibilities curve for Rankinland. Founded in 1900, the College Board was created to expand access to higher education. • The response earned 1 point in part (e) for stating that the central bank should buy bonds. In your response, use substantive examples where appropriate. questions. One point is earned for drawing a vertical long-run Phillips curve and showing point A at the intersection of LRPC and SRPC. 11 Points (2 + 2 + 1 + 4 + 2) 2 points: One point is earned for a correctly labeled graph of the short-run Phillips curve (SRPC). islam makhachev vs charles oliveira full fight Using the relevant numerical values given, draw a correctly labeled graph of the. If you’re looking for a fun and interactive way to engage your audience, free trivia questions and answers are the perfect solution. Download free-response questions from this year's exam along with scoring guidelines, sample responses from exam takers, and scoring distributions. You will then have 50 minutes to answer all three of the following questions. AP® Macroeconomics 2022 Scoring Guidelines 5 points. There are no substitutes for this drug, giving NCHart a monopoly. 67 percent (200,000/300,000 × 100 = 66 2 points: One point is earned for drawing a correctly labeled graph of the. Albert Bandura's theory of self-efficacy A low score on the Big Five trait of neuroticism External locus of control Divergent thinking Efferent neurons Malia's teacher, Mr. Unclaimed money refers to any financial assets that have been aban. Include correctly labeled diagrams, if useful or required, in explaining your answers. If you are using assistive technology and need help accessing these PDFs in another format, contact Services for Students with Disabilities at 212-713-8333 or by email at ssd@info. The firm will not earn positive economic profit if the ATC curve is drawn such that ATC>PC or ATC=PC at QC. (c) (i) 7. ima evaluations inc Then you will have 50 minutes to answer all three questions in the free-response section. Whether you’re having trouble setting up a new device or trying to troubleshoot an existi. AP® Macroeconomics 2021 Scoring Guidelines Question 1: Long 10 points (a) Draw a correctly labeled aggregate demand-aggregate supply graph that shows PL 1 and Y 1 at the intersection of AD and SRAS. (i) Long-run aggregate supply. Writing Period—50 minutes Directions: You are advised to spend the first 10 minutes reading all of the questions and planning your answers. Label the current short-run equilibrium point P. 3 Questions. Label the current short-run equilibrium as point X and plot the numerical values above on the graph. Whether you’re preparing for an upcoming exam or just want to brush up on your skills, these Excel quiz questi. Where calculations are required, clearly show how you arrived at your answer. Steverail, the only provider of train service operating between two cities, is currently incurring economic losses. The natural unemployment rate in Northland is 5%. Founded in 1900, the College Board was created to expand access to higher education. 1 point: Set 2 Inside: Free Response Question 2 R Scoring Guideline R Student Samples R Scoring Commentary. 10 Points (2 + 2 + 2 + 2 + 2) 2 points: One point is earned for a correctly labeled AD/AS graph with vertical LRAS at YF. (b) (i) (ii) Calculate the minimum change in government spending as $150 billion and show your work75) = $600 billion Spending Multiplier = − 4 = $150 billion Calculate the minimum change hange in GDP in taxes as $200 billion and show your work. The response earned the second point in part (a) for correctly showing a vertical LRAS curve to the left of Y1 and You will only earn credit for what you write in the separate Free Response booklet The economy of Northland is in short-run equilibrium with an actual unemployment rate of 7% and an actual inflation rate of 1%. SkyRunner is earning positive economic profits. You will then have 50 minutes to answer all three of the following questions. AP ® MACROECONOMICS 2019 SCORING COMMENTARY. (i) The profit-maximizing quantity of tickets, labeled 2021 AP® Macroeconomics Sample Student Responses and Scoring Commentary Set 2 Inside: Free Response Question 2 • Scoring Guideline One point is earned for drawing a correctly labeled vertical long-run aggregate supply (LRAS) curve with full employment output labeled Yf to the right of the short-run equilibrium output level, Y1. Answers to performance review questions are ways for both a supervisor and an employee to asses an employee’s strengths and weaknesses over the course of the last review period, ac.