Currency exchange is a big factor in governments making economic decisions. Scholars consider various scenarios to evaluate how factors such as interest rates and private investments would affect a nation's economy using a practice test from College Board. Additional questions consider countries' production advantages and evaluate what the United States government should do if the country is operating below full employment. 

Concepts

macroeconomics, test preparation, employment, interest rates, currency exchange, factors of production, comparative advantage

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Additional Tags

social studies

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Instructional Ideas

• Use the questions as case studies to challenge learners
• Offer all or part of the assessment as test practice or review

Classroom Considerations

• The free-response portion of the 2015 AP® Macroeconomics exam

Pros

• Problems are scaffolded, making them easy to adapt
• Materials and rubric allow for authentic test practice for the exam

Cons

• None

Common Core

RH.9-10.1 RH.9-10.2 RH.9-10.3 RH.9-10.10 RH.11-12.1 RH.11-12.2 RH.11-12.3 RH.11-12.10