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2024 AP Macro FRQ Answers (Set 1) 

Jacob Clifford
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Here are my answers to the 2024 AP Macro FRQs. This is SET 1 and it included AD/AS, monetary policy, the GDP deflator, fiscal policy, and foreign exchange. Do you do well on the exam? Let me know in the comments below. Thanks for watching.
Clarification on question 2b. The equation for the real GDP is the nominal GDP divided by the deflator times 100. I left out the x 100 in the video

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12 май 2024

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Комментарии : 92   
@kaaa_2034
@kaaa_2034 Месяц назад
You've done justice for me Mr.Clifford, my glorious king, got 95% of these frqs correct.
@Kezhiu
@Kezhiu Месяц назад
my teacher sadly didnt teach the reserve market because we only do textbooks... rip...
@willmanix5927
@willmanix5927 Месяц назад
same
@shrotriypatel7314
@shrotriypatel7314 Месяц назад
@@alexalopez9575 there is a curve on this exam?
@redhunter2252
@redhunter2252 Месяц назад
@@shrotriypatel7314there is a curve for most if not all AP exams
@bradfnx5317
@bradfnx5317 Месяц назад
Will you go over macro set 2?
@ryangolditch949
@ryangolditch949 Месяц назад
Mr. Clifford, I want to thank you for all of your videos. I am a freshman taking my first AP, and my teacher didn't teach any of the AP Curriculum, leading me to have to self-study. I studied for 10 hours a week for three months. Thanks to all of your videos and the URP, I think I scored very well and earned a 5. I am immensely grateful for you. Thank you so much.
@RobbKidwill
@RobbKidwill Месяц назад
It is a shame that some teachers do a disservice like that to their students.
@ryangolditch949
@ryangolditch949 Месяц назад
@@RobbKidwill Truly is.
@arganchess8592
@arganchess8592 Месяц назад
Can you do sets 2 my exams were different pls
@mxstytee
@mxstytee Месяц назад
Thank you so much for your help, Mr Clifford. I am a freshman who self-studied and I was able to answer these questions because of your videos.
@eli-is
@eli-is Месяц назад
I watched your N/RD triangle video two days before the exam, and it really helped me get the whole GDP section correct. Thank you (and the student who created it) so much!
@ThyNaTran-zf6fw
@ThyNaTran-zf6fw 6 часов назад
I just received my score today, I only watched your videos 1 week before the test and studied nothing else an I got a 4 on AP Macro. Thank u so much!!!
@KatherineHammond-pj5hp
@KatherineHammond-pj5hp Месяц назад
I think I got everything right! I did the whole review packet and a bunch of old college board FRQs for both micro and macro in the 4-5 days leading up to each exam to review and asked my awesome teacher Mr. Clark any questions that I had and I think going through the study guides really helped me figure out where I needed to focus my time and which topics to have my teacher re-explain during class! I think I only missed one part on Micro too so that's super exciting!
@harrisonpughmusic
@harrisonpughmusic Месяц назад
Thanks for everything papa cliff. You 100% raised my score a whole point or 2.
@robertodiaz7454
@robertodiaz7454 Месяц назад
I got every FRQ question correct, due to me studying the reserve market extensively. Confident I got a 5 thanks to your reviews 🙏
@thekingofgaming7497
@thekingofgaming7497 Месяц назад
Pls do set 2
@user86177
@user86177 Месяц назад
Mr. Clifford, for the FOREX question I drew both the demand increasing AND the supply decreasing on the same graph, do you think I would still get the point? Thanks!
@ILOVEPOWER3679
@ILOVEPOWER3679 Месяц назад
got a 30/30 ty goat!
@avaa2847
@avaa2847 Месяц назад
MR CLIFFORD YOU SAVED ME 🙏🏼🙏🏼🙏🏼💪🏼✅✅ THE ULTIMATE REVIEW PACKT SLAYEDDD
@supernovic99
@supernovic99 Месяц назад
International student here. I got the same stuff but with different names and values and I guess a few changes. They never release the international papers. They didn't for AP CSA last year but ig it's basically the same thing lol
@JackWebber-3000
@JackWebber-3000 Месяц назад
Would decreasing the discount rate work for the policy rate graph? If not, would I get the next point if I drew the shifts on the graph right?
@mixedgaming5310
@mixedgaming5310 Месяц назад
For the reserve graph instead of putting PR 1 and 2 I put AR 1 and 2 would I get marked off?
@sophiali907
@sophiali907 Месяц назад
For the forex market instead of putting demand for MYR i put quantity of MYR demanded and quantity of MYR supplied. Will my grader count the point if everything else in the graph is right?
@zen4915
@zen4915 Месяц назад
mr clifford on the reserve market graph i did the shift correctly, but i labeled the curves ms and md, and the x axis q of money. will i not get 1 pt for that?
@heyozbee
@heyozbee Месяц назад
I got everything right
@MB26535
@MB26535 Месяц назад
Hey, thanks for this breakdown! It looks like I might have gotten everything correct! Except.. for 1e I said decrease administered rates but lowered the entire Dr curve 😅. The points I used on the Policy Rate axis were Discount Rate 1 down to Discount Rate 2 and IoR 1 down to IoR 2. Would I lose out on the point?
@rushilsingh9035
@rushilsingh9035 Месяц назад
For question 3 part c I indicated both a decrease in supply and an increase in demand? Would I still get the point?
@shrotriypatel7314
@shrotriypatel7314 Месяц назад
I think I got 4 on this exam thx mr Clifford
@juliana-tc8fn
@juliana-tc8fn Месяц назад
THANK GOD i actually kinda did well on the frq especially 2nd & 3rd
@LearnToCompound
@LearnToCompound Месяц назад
I put quantity of yen for my forex market graph 🤦‍♂️ I had the right exchange on the side and believe even put ringgit market will they take a point off for that? And I showed the increase in demand do I get the point for that since the graph labeling was off
@anncheewang
@anncheewang Месяц назад
Hi Jacob, I self studied for the macro ap exam using your urp and all the videos, thank you so much for your help! I have a small question for the frq, I listed my calculations but did not set the wording equation, will they take marks off that?
@ryangolditch949
@ryangolditch949 Месяц назад
Thanks for your help! I got all right… for the reserve market graph, I also shifted the top horizontal down… would I get points taken off?
@JacobAClifford
@JacobAClifford Месяц назад
No. That is fine.
@bmspongebob
@bmspongebob Месяц назад
@@JacobACliffordI said on the test lower the federal funds rate is that an acceptable answer (my teacher is Ms. Karp by the way 😉)
@muttitan5161
@muttitan5161 Месяц назад
@@JacobACliffordhey, is it ok if I show the ffr, ior, and ON RRP on the graph or is that too much? Thanks
@glennwatson3313
@glennwatson3313 Месяц назад
@@bmspongebob No, the FFR a policy rate and is not controlled by the central bank. the central bank controls the administered rates, or you could have said the IORB.
@grantruhland7075
@grantruhland7075 Месяц назад
I shifted the Discount Rate (top portion) down as well on my reserve graph in addition to the bottom portion (IOR), is that points off? Also, I shifted both the Demand to the right and the supply to the left simultaneously on the Forex Market Graph. Is that inaccurate? Thanks!
@eshagadi8296
@eshagadi8296 Месяц назад
I think it would be either or. I believe what you’re saying is that you put both of the possible solutions? I think they would count that is you specified both of those are possible outcomes.
@bozowald438
@bozowald438 Месяц назад
So if I said the real interest rates decreased on the third frq but I showed in the next graph that the demand for the ringgit decreased because of the lower interest rates I would still get the point for c?
@andrewbeckstrom2638
@andrewbeckstrom2638 Месяц назад
Do you think they would accept an increase in demand for LF or does AP only want a decrease in supply of LF?
@arnavjain218
@arnavjain218 Месяц назад
if we said for real wages that they should increase (from the pov of a worker), will we get the points?
@u-n-i
@u-n-i Месяц назад
For 3b could I say that demand in the LFM increased?
@nicholasleyesa378
@nicholasleyesa378 Месяц назад
That GDP question tripped me up I completely forgot to study that 💀
@greenskittles.-5824
@greenskittles.-5824 Месяц назад
For the reserve market graph, if i put the supply of reserves shifting left due to a lowering of interest on reserves would that be incorrect?
@stg_blotts4801
@stg_blotts4801 Месяц назад
Unfortunately I don’t think that would get credit, since the idea of the ample reserves market is that shifting the supply doesn’t have an impact on anything. It would have to come from the policy rate
@cruzozari6459
@cruzozari6459 Месяц назад
i feel like it was a week ago when i did my exams last year. now im back again just watching cos i love econ so much 🤣
@enzoroperti1490
@enzoroperti1490 Месяц назад
I think I got most the points for 2 and 3 but was totally lost on the first one and got none right 😢 😊
@ProdigyBossC
@ProdigyBossC Месяц назад
When will you do micro set 2
@silverz9162
@silverz9162 Месяц назад
100 ON FRQs 🔥(ultimate review packet enjoyer)
@albaker1718
@albaker1718 Месяц назад
Are there consistency points for frq 3? I said real interest rates would decrease (massive brain fart) so parts c and d followed that reasoning PS your livestream saved my life on that exam
@Ryan-gg1ry
@Ryan-gg1ry Месяц назад
for the first frq could you say decrease policy rate instead of decrease interest on reserves?
@aayushdeshpande6055
@aayushdeshpande6055 Месяц назад
I dont think so cuz the only monetary policy u can do in ample reserves is increase or decrease interest on reserves
@scottruane
@scottruane Месяц назад
HOLD UP! for #3 part b) I though crowding out occurs with an increase in deficit spending causing the DEMAND for loanable funds to INCREASE, which causes the real interest rate to increase, not the supply to decrease. Mr. Clifford, help I'm scared.
@otothebot8783
@otothebot8783 Месяц назад
I think I will get a solid 4. My answers were similar. I might not get a 5 because I felt the MCQ were wordy and long. I
@aidcrazysol738
@aidcrazysol738 Месяц назад
3:17 When you talked about the Nominal/Real GDP equation, you forgot to mention the ×100 in the equation but your answer has the ×100 factored in
@user-xx9vb7sh3r
@user-xx9vb7sh3r Месяц назад
in bangladesh we didn't get a single from these question sets that college board has released
@jasonliaw7687
@jasonliaw7687 Месяц назад
For 3c can you draw MYR/JPY?
@stg_blotts4801
@stg_blotts4801 Месяц назад
I think the currency of the graph you’re making has to be on the bottom
@aayushdeshpande6055
@aayushdeshpande6055 Месяц назад
If gov increases deficit spending, wouldnt the demand for loanable funds increase?
@ryangolditch949
@ryangolditch949 Месяц назад
Yes it does.
@pizzasnackrolls2142
@pizzasnackrolls2142 Месяц назад
number 1's unemployment rate cooked me i wrote the right answer 3 times and scribbled it out
@shrotriypatel7314
@shrotriypatel7314 Месяц назад
how much percent of the exam do you need to get correct to at least get a three
@notzaldy
@notzaldy Месяц назад
66%? Not exactly sure to be honest.
@shadowdraconic4699
@shadowdraconic4699 Месяц назад
For FRQ 2 I forgot to multiply by 100, Like GDP Deflator = (Nominal/Real) *100 i forgot the *100. So instead of 900000 I put 9000 stupidly, and then i used those numbers for the following. I still got, standard of living decreased and the inflation rate but I just forgot to multiply by 100, will that hurt my score alot?
@combine8269
@combine8269 Месяц назад
if you included the GDP deflator equation with the *100 and then did the math wrong, you could get partial credit I think
@shadowdraconic4699
@shadowdraconic4699 Месяц назад
@@combine8269 yeah i included the *100 in it with the formula i just forgot to do it in my calc
@combine8269
@combine8269 Месяц назад
@@shadowdraconic4699 youll be alright, godspeed my friend
@shadowdraconic4699
@shadowdraconic4699 Месяц назад
@@combine8269 thank you my boy, wishing a 5 for both of us
@FPSXLR8
@FPSXLR8 Месяц назад
the only question i got wrong was the inflation rate on #2... im actually so dumb broooo
@coltonbuxton1328
@coltonbuxton1328 Месяц назад
I got like 2/3 of it right but the graphs that werent the basic aggregate demand one wrong 😭😭
@tarekraad8377
@tarekraad8377 Месяц назад
My guy come help us in the IB
@ThomasSun-xw3ux
@ThomasSun-xw3ux Месяц назад
👍
@malipedduparthiv6147
@malipedduparthiv6147 Месяц назад
i got cooked by reserve markets on the first one. full points on 2 and 3.
@everythingrandom1381
@everythingrandom1381 Месяц назад
Ayy I didn’t do bad at all
@austinbledsoe6061
@austinbledsoe6061 Месяц назад
For FRQ 2 d) i got 12.5% . Can someone explain why this is either wrong or agree with me that this is correct. 900,000-800,000/800,000 x 100 = 12.5 so i dont see how this could be incorrect
@katelynn2548
@katelynn2548 Месяц назад
You’re supposed to use the gdp deflator values instead of the nominal gdp values
@shoelace4316
@shoelace4316 Месяц назад
Yeah Im cooked, Im putting this stupid ample reserve graph in my suicide note
@rohilpat
@rohilpat Месяц назад
aced it
@shrotriypatel7314
@shrotriypatel7314 Месяц назад
when do ap scores come out
@sophiali907
@sophiali907 Месяц назад
July 8th, monday
@arivarivout2055
@arivarivout2055 Месяц назад
I put 15 instead of 15%. does that matter?
@sophiali907
@sophiali907 Месяц назад
Nah you should be fine
@sy980
@sy980 Месяц назад
hey for frq 2 (a) isn't it $9000?
@aninamoses8964
@aninamoses8964 Месяц назад
You need to multiply by 100
@sy980
@sy980 Месяц назад
oh ok i didnt see that in his work cuz it was js 1035000/115 lol
@andyfu5283
@andyfu5283 Месяц назад
Asia leaked before the exam a month ago😂
@davy1220
@davy1220 Месяц назад
@@Abhayashr sending to the collegeboard as we speak
@mustafadinc8539
@mustafadinc8539 Месяц назад
I don’t even remember the questions
@aninamoses8964
@aninamoses8964 Месяц назад
You could have gotten set 2
@joev8037
@joev8037 Месяц назад
Isn’t 1,035,000/115= 9000
@enzoroperti1490
@enzoroperti1490 Месяц назад
You have to multiply it by 100 9,000 * 100 = 900,000
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