AP宏观经济学 2017年真题 附答案和评分标准 AP Macroeconomics 2017 Real Exam with Answers and Scoring Guidelines.pdfVIP

2017 AP Macroeconomics Free-Response Questions © 2017 The College Board. College Board, Advanced Placement Program, AP, AP Central, and the acorn logo are registered trademarks of the College Board. Visit the College Board on the Web: . AP Central is the oicial online home for the AP Program: . ® 2017 AP MACROECONOMICS FREE-RESPONSE QUESTIONS MACROECONOMICS Section II Total Time—60 minutes Reading Period—10 minutes Writing Period—50 minutes Directions: You are advised to spend the first 10 minutes reading all of the questions and planning your answers. You will then have 50 minutes to answer all three of the following questions. You may begin writing your responses before the reading period is over. It is suggested that you spend approximately half your time on the first question and divide the remaining time equally between the next two questions. Include correctly labeled diagrams, if useful or required, in explaining your answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. Use a pen with black or dark blue ink. 1. Assume that the economy of Country X has an actual unemployment rate of 7%, a natural rate of unemployment of 5%, and an inflation rate of 3%. (a) Using the numerical values given above, draw a correctly labeled graph of the short-run and long-run Phillips curves. Label the current short-run equilibrium as point B. Plot the numerical values above on the graph. (b) Assume that the government of Country X takes no policy action to reduce unemployment. In the long run, will each of the following shift to the right, sh