What's on the AP Macroeconomics Unit 4 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 2 – Short (20 minutes)
• 1 FRQ – FRQ 3 – Short (20 minutes)

Questions are drawn from 1946 multiple-choice questions and 32 FRQs written for Unit 4, Financial Sector.

Practice AP Macroeconomics Unit 4 FRQs

Answer the unit's free-response questions one at a time and get a score on every part.

• FRQ 2 – Short (13 questions)
• FRQ 3 – Short (19 questions)

Review Unit 4 before you start

• 4.1 Financial Assets
• 4.2 Nominal vs. Real Interest Rates
• 4.3 Definition, Measurement, and Functions of Money
• 4.4 Banking and the Expansion of the Money Supply
• 4.5 The Money Market
• 4.6 Monetary Policy
• 4.7 The Loanable Funds Market

Other AP Macroeconomics unit tests

• Unit 1: Basic Economic Concepts
• Unit 2: Economic Indicators and the Business Cycle
• Unit 3: National Income and Price Determination
• Unit 5: Long-Run Consequences of Stabilization Policies
• Unit 6: Open Economy – International Trade and Finance