The Principles of Macroeconomics examination places particular emphasis on the determinants of aggregate demand and aggregate supply, on monetary and fiscal policy tools that can be used to achieve particular policy objectives. Students must understand measurement concepts such as gross domestic product, consumption, investment, unemployment, inflation, inflationary gap, and recessionary gap. This examination guide contains a complete exam description, including knowledge and skills required, 70 sample questions and answers, test taking strategies, scoring information, and study resources. In addition, you will receive three files at no extra charge that contain chapters from the Official Study Guide to the CLEP exams: Preparing to Take CLEP Examinations, Taking the Examinations, and Interpreting Your Scores. Please note that the examination guides contain the same content that appears in the CLEP Official Study Guide. In other words, if you have already purchased the book, there is no additional information to be gained by also purchasing the exam guide in a particular subject.
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