AP Macroeconomics · Past multiple choice · Question 8, older AP Economics course description · Four-function calculator
More oil on the world market
A diagram shows an economy's aggregate demand and supply. Predict how cheaper, more plentiful oil on world markets changes real GDP and the price level.
Lessons this question tests
1 Read the question
The question is College Board's: sample question 8 in AP Economics Course Description. It starts on page 34 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 8 (PDF, page 34)
2 Pick your answer
Question and answer key: College Board, from the Internet Archive. The title and summary are ours.