AP Macroeconomics · Past multiple choice · Question 17, older AP Economics course description · Four-function calculator
Money that changes hands more slowly
Money changes hands less often than before. Decide which statement about the money supply, output and nominal income then holds.
The lesson this question tests
1 Read the question
The question is College Board's: sample question 17 in AP Economics Course Description. It starts on page 36 of the PDF. College Board no longer posts this edition, so it opens from the copy the Internet Archive saved on June 3, 2016. A four-function calculator is allowed, as on the exam.
Open Question 17 (PDF, page 36)
2 Pick your answer
Question and answer key: College Board, from the Internet Archive. The title and summary are ours.