AP Macroeconomics / Unit 3
Unit 3 · 17–27%
National Income and Price Determination
Aggregate demand and aggregate supply explain short-run output and the price level.
Topics
- Aggregate demand
- Short-run and long-run aggregate supply
- Short-run equilibrium
- Gaps and self-correction
- Fiscal policy in AD-AS
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.
Using AD–AS reasoning, what happens to aggregate demand and the short-run price level if government purchases increase while short-run aggregate supply is unchanged?
Original Marlow Works item — not a College Board question.
Take your time—this is practice, not a test.
Review checklist
- 01Label AD, SRAS, LRAS, price level, and real GDP.
- 02Name the spender or cost shock that shifted a curve.
- 03State what happens to output and the price level after the shift.
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