Government and the Economy:  Fiscal Policy

Government and the Economy: Fiscal Policy

9th Grade - University

23 Qs

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Government and the Economy:  Fiscal Policy

Government and the Economy: Fiscal Policy

Assessment

Quiz

History

9th Grade - University

Medium

Created by

Matt Cameron

Used 139+ times

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23 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

These programs of the federal government include Medicaid, Medicare, Social Security, Unemployment and Welfare Programs.
Entitlement Programs
Discretionary Spending
Fiscal Policy
Expansionary Program

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The policy of a government toward the issues of how much taxes to charge citizens and how much money for the government to spend on programs and projects.  Changes in this policy can impact the overall economy based on the government controlling and distributing $3.5 trillion dollars each year!
Fiscal
Monetary
State
Federal

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The total demand for final goods and services in an economy at a given time.
Demand
Aggregate Demand
Supply
Aggregate Supply

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Policies involving increased government spending and reduced taxes to increase the level of aggregate demand.  
Fiscal Policies
Monetary Policies
Expansionary Policy
Contractionary Policy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Policies involving decreased government spending and increased taxes to decrease the level of aggregate demand.  
Fiscal Policy
Monetary Policy
Expansionary Policy
Contractionary Policy

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Spending that is an optional part of fiscal policy, in contrast to entitlement programs for which funding is mandatory.

Discretionary Spending

Entitlement Spending

Supply

Aggregate Supply

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is a sustained increase in prices for “stuff.” It is measured as an annual percentage increase.

Recession

Inflation

Aggregate Demand

Demand

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