
Unit 5 Quiz
Authored by Marcus Williams
Other
12th Grade
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17 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Policymakers often combine ______ policy and ______ policy to influence the economy.
fiscal, monetary
educational, health
domestic, foreign
environmental, social
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The short-run ______ curve shows a trade-off between ______ and unemployment.
Phillips, inflation
demand, supply
supply, inflation
production, demand
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Expansionary monetary policy can stimulate the economy in the short run, but according to the ______ theory of money, it will lead to higher ______ in the long run.
quantity, inflation
Keynesian, growth
modern, stability
supply-side, employment
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An increase in deficit spending increases the national ______ and often results in an increase in the real interest ______.
debt, rate
budget, savings
surplus, investments
economy, dividends
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
More physical or human capital causes economic growth and shifts the long-run aggregate supply curve to the ______.
right
left
center
bottom
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: Expansionary fiscal policy implemented by the central bank can cause inflation in the long run.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of fiscal policy?
Open market operations
Expansionary monetary policy
Electing officials
Increasing government spending
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