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UNIT 3 Macroeconomics SAMPLE QUESTIONS MULTIPLE-CHOICE

Advanced Placement Economics Macroeconomics : Student Activities National Council on economic Education, New York, the letter of each correct Which of the following best describes aggregatesupply?(A) The amount buyers plan to spend onoutput(B) A schedule showing the relationshipbetween inputs and outputs(C) A schedule showing the trade-off betweeninflation and unemployment(D) A schedule indicating the level of real out-put that will be purchased at each possibleprice level(E) A schedule indicating the level of real out-put that will be produced at each possibleprice level2.

3 Macroeconomics SAMPLE QUESTIONS MULTIPLE-CHOICE UNIT ... 3 Macroeconomics SAMPLE QUESTIONS MULTIPLE-CHOICE UNIT (continued) Advanced Placement Economics Macroeconomics: Student Activities ' National Council on Economic Education, New York, N.Y. 165 13. Automatic stabilizers in the economy include

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