Fiscal and monetary policy

Fiscal and monetary policy

12th Grade

30 Qs

quiz-placeholder

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Unit 4 Exam

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12th Grade

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Fiscal and monetary policy

Fiscal and monetary policy

Assessment

Quiz

Social Studies

12th Grade

Hard

Created by

Travis Miller

Used 9+ times

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30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When the federal government uses its spending and revenue to influence the economy

Fiscal Policy

Monetary Policy

Keynesian Policy

Supply Side Policy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a goal of fiscal policy?

Deficit Growth

Economic Growth

Full Employment

Stable Prices

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a feature of a contractionary fiscal policy?

Decreasing taxes

Decreasing spending

Decreasing aggregate demand

Increasing taxes

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which fiscal policy is the government likely to adopt during a contraction?

Expansionary

Contractionary

Easy Money

Tight Money

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This amount is the sum of all money the government has borrowed

National Debt

Budget Deficit

Budget Surplus

Tight Money

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a way the Fed influences the money supply?

Decreasing taxes

Changing the reserve ratio

Influencing interest rates

Buying or selling government securities

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following are responsible for making fiscal policy decision? 

The President and Congress
The Federal Reserve System
The National Council of Economic Advisors
The commerce Department

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