Unit 5 Quiz

Unit 5 Quiz

12th Grade

17 Qs

quiz-placeholder

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Unit 5 Quiz

Unit 5 Quiz

Assessment

Quiz

Other

12th Grade

Practice Problem

Medium

Created by

Marcus Williams

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17 questions

Show all answers

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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