2024 AP Macro FRQ #1 Set 2

(a) AD/AS graph full employment
(b) (i) *MPC calculation
(ii) Consumer spending decrease - AD/AS graph effect
(c) Classical View - consumer spending decrease
(d) FED - Central bank - Monetary Policy - Ample Reserve - AIR decrease
(e) Ample Reserve - Graph
(f) Ample Reserve effects on (i) Savings decrease as IR's decrease
(ii) Unemployment decrease