AP®︎ Macroeconomics: Topic 1.4 Practice Test
Prepare for your quiz, test, or the AP exam with focused practice questions on Topic 1.4 of AP Macroeconomics – Demand.
Questions List
Topic 1.4
Question 1 Easy
This question tests the following: MKT-2.A
What does the demand curve represent?
What You’re Being Tested On:
Explore the learning objectives taken directly from the College Board’s AP® Macroeconomics Curriculum. Ensure you’re prepared for the exact topics covered on the AP® exam, in-class tests, and quizzes, and gain confidence in your mastery of the material.
Topic 1.4: Demand
Learning Objective: MKT-2.A
a. Define (using graphs as appropriate) the law of demand. b. Explain (using graphs as appropriate) the relationship between the price of a good or service and the quantity demanded.
Essential Knowledge: MKT-2.A.1
The law of demand states there is an inverse relationship between price and quantity demanded, leading to a downward-sloping demand curve.
Learning Objective: MKT-2.B
Explain (using graphs as appropriate) the determinants of demand.
Essential Knowledge: MKT-2.B.1
Factors that influence consumer demand, such as changes in consumer income, cause the market demand curve to shift.
