Exam Review

2011 AL Macroeconomics Final Exam Review

There will be 10 multiple choice questions worth 3 points each.
There will be 5 FRQs at 14 points each.
Areas to Focus on:
• PPC
• AD/AS
• FOREX
• Phillips Curve
• Money Market
• Loanable Funds Market
• GDP vs GRP(R)
• The impact of interest rates on the financial decisions of consumers
• The Business Cycle

Be able to graph ALL of the above




You will have seen everything on the exam at some point during the semester.