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Think you know your stuff when it comes to money, banking, and personal finance? You wouldn't be the only one. Plenty of people are confident in their money smarts, but as it turns out, that...
2.1 Multiple Choice (2/3 of Score) ... Macroeconomics (also known as AP Macro and AP Macroecon) ... 60 questions in 70 minutes;
Macroeconomics is a branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole. [1] This includes regional, national, and global economies .
A macroeconomic model is an analytical tool designed to describe the operation of the problems of economy of a country or a region. These models are usually designed to examine the comparative statics and dynamics of aggregate quantities such as the total amount of goods and services produced, total income earned, the level of employment of productive resources, and the level of prices.
The multiple choice exams consist of 50 questions each, with the exception of math, which has 35 questions. [ 27 ] [ 55 ] Beginning in the 2012–2013 season, the SuperQuiz written test was dropped and the oral relay was changed to include questions from six of the objective subjects: art, economics, language and literature, music, science, and ...
The multiplier–accelerator model can be stated for a closed economy as follows: [3] First, the market-clearing level of economic activity is defined as that at which production exactly matches the total of government spending intentions, households' consumption intentions and firms' investing intentions.
Equity premium puzzle: The equity premium puzzle is thought to be one of the most important outstanding questions in neoclassical economics. [6] It is founded on the basis that over the last one hundred years or so the average real return to stocks in the US has been substantially higher than that of bonds.
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