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Principles of Macroeconomics CLEP
Test Study Guide CLEP: CLEP History and Social Sciences Study Guides: Principles of Macroeconomics CLEP
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Principles of Macroeconomics CLEP Test Description You will be tested on measurement concepts such as GDP (gross domestic product), investment, unemployment, scarcity, business cycle and growth. You will also need to know about the Federal Reserve Bank, how it operates and what it does to stimulate and regulate the economy. It is important to understand that you do not have to answer each and every question correct to get a passing score. You need to get 50 of 100 correct (in most cases) to pass. The people the write the CLEP tests want you to know about half of the information to get a passing score. Download our gift to you, Study Tips for CLEP Students, to get you started. Credits: 3 # of Questions: 80 Amount of time to complete the test: 90 minutes Rank of Difficulty: 4 Detailed information in this guide includes: • Basic Concepts• Scarcity: The Nature of the Economic System • Opportunity Cost Production Possibility Curves • Demand, Supply and Price Determination • Measurement of Economic Performance • Gross Domestic, National Products and National Income Concepts • Inflation and Price Indices • Determination • Aggregate Supply and Demand - Keynesian and Classical Analysis • Circular flow of Income and Product • Components of Aggregate Supply and Demand • Fiscal Policy • Monetary Policy • Money and Banking • Effectiveness of fiscal and Monetary Policy • International Economics and Growth • Comparative Advantage • Trade Policy • International Finance • Origin and Evolution of Money • Central Banking • International Finance • Sample Test Questions • Test-Taking Strategies • What Your Score Means Also, download our gift to you, Study Tips for CLEP Students, to get you started. Don’t wait to get started studying for this test! Order now! |
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