AP Macroeconomics / Unit 2
Unit 2 · 12–17%
Economic Indicators and the Business Cycle
GDP, unemployment, and inflation are the dashboard. None of them is the whole car.
Topics
- Gross domestic product
- Unemployment and labor-force measures
- Price indexes and inflation
- Business-cycle phases
Lessons
Key terms
Original practice
Marlow Works questions. If this unit does not have its own items yet, you will see other questions from the same course.
Nominal GDP rises from one year to the next while real GDP is unchanged. Which interpretation is best?
Original Marlow Works item — not a College Board question.
Take your time—this is practice, not a test.
Review checklist
- 01State what GDP includes and what it leaves out.
- 02Classify a jobless person using labor-force definitions.
- 03Name the phase of the cycle from a short scenario.
Related resources
External links with reuse status. Marlow Works is independent and does not copy restricted exam or textbook material.
Official / link only
AP Macroeconomics course page
Official six-unit framework for national income and policy models.
College Board · All rights reserved · accessed 2026-10-01
Open sourceOfficial / link only
FRED economic data
Federal Reserve economic data. Terms vary by series; do not scrape or ingest.
Federal Reserve Bank of St. Louis · Varies by series · accessed 2026-10-01
Open source