<p>That would be a 46.8, so wouldn’t 50 BE a good score to aim for? o.o</p>
<p>idk… can you enlighten me with how they score this exam?</p>
<p>no idea actually, lol
I’m just assuming MC will be half</p>
<p>just a random survey… how many ppl here are actually going into business?</p>
<p>Looking to major in Econ + IR/Math/Finance</p>
<p>How many people actually take the AP Micro class? It seems like everyone is self studying this. This kids who actually took the class will probably breeze through it.</p>
<p>What is the structure of this freakin test?</p>
<p>^I’m taking the test, going for a 5. 
I got a 52/60 (8 wrong) on the 2005 AP Macro Released Exam MC, so I guess I’m doing pretty well.</p>
<p>ok i just found out… you can get 60 possible points on the MC and 30 on the FR…</p>
<p>i took the class… but didnt do anything during macro…</p>
<p>soo im kinda self studying that… i will prbly kill Micro though</p>
<p>macro is so much harder</p>
<p>^ The general consensus is that Micro is the more difficult of the two.</p>
<p>since when?
Micro is very very straightforward.
Macro can be extremely ambiguous sometimes with hidden variables.</p>
<p>^Not necessarily. The curve for Micro is more lenient than Macro (it’s only a few points, but still). I don’t remember the grade distribution for each, though.</p>
<p>Oddly enough, all the kids in my econ class (I had econ last semester) that I’ve talked to today are stressed for macro, not micro (myself included).</p>
<p>Which of the following factors can cause a firm’s cost to shift upward?
a. an increase in wages
b. an increase in the firm’s output
c. an increase in the output price
d. a decrease in firm’s output
e. a decrease in the price of energy</p>
<p>^ I think that question can be answered by students with no knowledge of microeconomics whatsoever.</p>
<p>a, wage is the price of labor. increasing wages = increasing cost of firm</p>
<p>if the minimum wage for teenagers increased to a rate higher than their market equilibrium wage, what would be the effect on their wage and employment?</p>
<p>a. wage-increase, employment-no effect
b. wage-increase, employment-increase
c. wage-increase, employment-decrease
d. wage decrease, employment increase
e. wage decrease, employment decrease</p>
<p>Minimum wage = Price floor = Surplus of Workers looking for jobs. Wage will be above market equilibrium but quantity of labor demanded will be less than equilibrium.</p>
<p>I just started Macro, and I’m golden on Micro. Gonna be a fun night!</p>