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Macro · FRQ Trainer

Free-response 1 of 21 · Financial Sector

6 pts our rubric

The real Macro Section II is 3 free-response questions in 60 minutes, 33% of your score. One long question and two short ones, after a 10-minute reading period. Spend about half the writing time on the long question. This prompt is ours, written to the same skills — score it against the rubric below, not against that structure.

Prompt

Loriland is producing below full employment (a recessionary gap).

aDraw a correctly labeled AD-AS graph showing the current short-run equilibrium relative to full-employment output Yf.1 pt

bIdentify one fiscal policy to close the gap.1 pt

cUsing the money market, show and explain the effect of an expansionary open-market operation on the nominal interest rate.2 pts

dExplain how that interest-rate change affects AD and real GDP.2 pts

Keep writing to unlock scoring (0/120)

Write your response first — then grade it with AI or self-score against the rubric.