AP Macroeconomics · Past multiple choice · Question 10 · Four-function calculator

Tight money and tight fiscal policy at once

The central bank and the government both turn contractionary together. Work out the short-run effect on interest rates and on real output.

1 Read the question

The question is College Board's: sample question 10 in AP Macroeconomics Course and Exam Description, Effective Fall 2026. It starts on page 144 of the PDF. A four-function calculator is allowed, as on the exam.

Open Question 10 (PDF, page 144)

2 Pick your answer

Question and answer key: College Board. The title and summary are ours.