2013, Question 1 · 10 points

Higher saving, interest rates and the euro

Graph an economy at full employment, show how more personal saving changes the real interest rate in loanable funds and what that means for interest-sensitive spending and growth, graph the euro market after euro zone rates rise, and judge the U.S. current account.

This exam had three free-response questions in a 10 minute planning period plus 50 minutes of writing, with a suggestion to spend about half the time on Question 1 and split the rest evenly between Questions 2 and 3. The current exam has 3 free-response questions in 60 minutes. The skills these questions practice still count.

1 Read the question

The question is College Board's, from the 2013 exam. It starts on page 2 of the PDF. College Board no longer posts this exam, so it opens from the copy of College Board's PDF that the Internet Archive saved on September 25, 2023.

Open Question 1 (PDF, page 2)

2 Write your answer

Answer each part the way you would on the exam, in full sentences, with your work shown. Your writing saves as you type.

3 Score it

Score your answer against College Board's scoring guidelines, one point at a time. Give yourself a point only when your answer says what the guideline asks for.

Scoring guidelines (PDF, page 2) What the exam readers saw (Student Performance Q&A)

Question, scoring guidelines and Chief Reader report: College Board, from the Internet Archive. The title, summary are ours.