Skip to main content

AP Macroeconomics MCQs

Pep mascot

Content Filters

MCQs

FRQs (with scoring)

Tools

Export assessment:print

Not sure where to begin?

Review with a tutor now →Talk it through with a real person, 24/7, through our nonprofit partner UPchieve. Free for eligible students, usually matched in 5 minutes.
  • Recommended study guides

  • Answer 5 questions to see which guides will help you the most

  • Keyboard Controls

  • A, B, C, D: Select the corresponding answer

  • K: Clear grid temporarily

Practice Settings

AP Macroeconomics practice questions by unit

Fiveable has 8,359 AP Macroeconomics multiple-choice practice questions across 6 units. Practice one unit or topic at a time.

  • Unit 1 – Basic Economic Concepts: 1,260 multiple-choice questions
  • Unit 2 – Economic Indicators and the Business Cycle: 1,379 multiple-choice questions
  • Unit 3 – National Income and Price Determination: 1,608 multiple-choice questions
  • Unit 4 – Financial Sector: 1,850 multiple-choice questions
  • Unit 5 – Long-Run Consequences of Stabilization Policies: 1,343 multiple-choice questions
  • Unit 6 – Open Economy – International Trade and Finance: 919 multiple-choice questions

Sample AP Macroeconomics practice question

A consumer purchases 50 units of a good when the price is $10 per unit. When the price rises to $15 per unit, the consumer purchases 35 units. Which of the following best describes the economic principle illustrated by this behavior?

The law of demand, which states that price and quantity demanded have an inverse relationship

Correct answer

The law of supply, which states that price and quantity supplied have a direct positive relationship

The substitution effect, which states that consumers ALWAYS switch to alternative goods at any price

The income effect, which states that price changes ONLY affect purchasing through real income changes

The price elasticity of demand, which measures how responsive consumers are to price changes

Explanation

Recognizing the inverse relationship between price and quantity demanded is central to understanding the law of demand. As price increased from $10 to $15, quantity demanded decreased from 50 to 35 units, demonstrating the fundamental principle that higher prices lead to lower quantities demanded.

More AP Macroeconomics practice