When real GDP falls and keeps falling for a long period of time.

Econ Quiz #2

Quiz
•
Other
•
9th - 12th Grade
•
Hard
Jessy Kline
FREE Resource
21 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Equity
Depression
Debt
Crowding Out
2.
FILL IN THE BLANK QUESTION
20 sec • 1 pt
The central bank of the U.S.
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
The government spending more money than it collects in tax revenue
Inflation
Debt
Capital
Deficit Spending
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
A policy ends up having a negative effect, opposite of what was intended
Equity
Capital
Debt Floor
Perverse Incentive
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
When output slows down or stops or stagnates at the same time that prices rise
Stagflation
Depression
Debt
Crowding Out
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
The amount by which a government's spending exceeds its income over a particular period of time
Debt
Budget Deficit
Stagflation
Debt Ceiling
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Increasing or decreasing the money supply to speed up or slow down the overall economy
Hyperinflation
Stagflation
Monetary Policy
Capital
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