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Marlow Works

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.

1 of 1Economic Indicators and the Business Cycle · easy · multiple choice

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

  1. 01State what GDP includes and what it leaves out.
  2. 02Classify a jobless person using labor-force definitions.
  3. 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 source
  • Official / 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