400 Macroeconomics Multiple Choice Questions and Full Answer Explanations! Microsoft Word file is editable. Perfect for Unit Tests, Quizzes, and review activities. Developed by experienced AP Macro teachers.

Test bank is organized into the following topics and units:

Basic Economic Concepts

Scarcity, choice, and opportunity costs

Production possibilities curve

Comparative advantage, absolute advantage, specialization and exchange

Demand, supply, and market equilibrium

Macroeconomic issues: business cycle, unemployment, inflation, growth

Measurement of Economic Performance

National Income Accounts

Inflation Measurement and Adjustment

Unemployment

National Income and Price Determination

Aggregate Demand

Aggregate Supply

Macroeconomic Equilibrium

Financial Sector

Money, banking, and financial markets

Loanable Funds Market

Central bank and control of the money supply

Stabilization Policies

Fiscal and monetary policies

The Phillips curve

Economic Growth

Definition of Economic Growth

Determinants of Economic Growth

Growth Policy

Open Economy: International Trade and Finance

Balance of payments accounts

Foreign exchange market

Imports, exports, and financial capital flows

Relationships between international and domestic financial and goods markets

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