What's on the AP Macroeconomics Unit 1 practice test
The standard version takes about 63 minutes and follows the timing and directions of the AP exam, sized to one unit:
- 20 Multiple Choice Questions (23 minutes)
- 1 FRQ – FRQ 1 – Long (20 minutes)
- 1 FRQ – FRQ 2 – Short (20 minutes)
Questions are drawn from 1377 multiple-choice questions and 60 FRQs written for Unit 1, Basic Economic Concepts.
Sample AP Macroeconomics Unit 1 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
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.
Practice AP Macroeconomics Unit 1 FRQs
Answer the unit's free-response questions one at a time and get a score on every part.
- FRQ 1 – Long (20 questions)
- FRQ 2 – Short (20 questions)
- FRQ 3 – Short (20 questions)
Review Unit 1 before you start
- 1.1 Scarcity
- 1.2 Opportunity Cost and the Production Possibilities Curve (PPC)
- 1.3 Comparative Advantage and Trade
- 1.4 Demand
- 1.5 Supply
- 1.6 Market Equilibrium, Disequilibrium, and Changes in Equilibrium