AP®︎ Macroeconomics: Topic 5.6 Practice Test
Prepare for your quiz, test, or the AP exam with focused practice questions on Topic 5.6 of AP Macroeconomics – Economic Growth.
Questions List
Topic 5.6
Question 1 Easy
This question tests the following: MEA-2.B.1
Economic growth is primarily indicated by an increase in what measure over time?
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 5.6: Economic Growth
Learning Objective: MEA-2.B
a. Define measures and determinants of economic growth. b. Explain (using graphs and data as appropriate) the determinants of economic growth. c. Calculate (using graphs and data as appropriate) per capita GDP and economic growth.
Essential Knowledge: MEA-2.B.1
Economic growth can be measured as the growth rate in real GDP per capita over time.
Essential Knowledge: MEA-2.B.2
Aggregate employment and aggregate output are directly related because firms need to employ more workers in order to produce more output, holding other factors constant. This is captured by the aggregate production function.
Essential Knowledge: MEA-2.B.3
Output per employed worker is a measure of average labor productivity.
Essential Knowledge: MEA-2.B.4
Productivity is determined by the level of technology and physical and human capital per worker.
Essential Knowledge: MEA-2.B.5
The aggregate production function shows that output per capita is positively related to both physical and human capital per capita.
Learning Objective: MOD-1.C
Explain (using graphs as appropriate) how the PPC is related to the long-run aggregate supply (LRAS) curve.
Essential Knowledge: MOD-1.C.1
An outward shift in the PPC is analogous to a rightward shift of the long-run aggregate supply curve. [See LO MOD-2.I]
