This type of policy regulates money supply and interest rates.
Economics Quiz

Quiz
•
Social Studies
•
9th - 12th Grade
•
Medium
alexander leahy-perun
Used 4+ times
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Monetary
Taxation
Financial
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The taxing and spending actions of the government make up this type of policy.
Economic
IRS
Fiscal
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many 4-year terms can the Chairman of The Federal Reserve serve?
One
Two
Unlimited
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
The _________ is the central banking system of the US and is in charge of monetary policy.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The intent of the government to improve the quality of life for its citizens is called:
Capitalism
Social Policy
Welfare
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When demand outpaces supply, prices rise, unemployment decreases:
Inflation
Progressive Tax
Deflation
Stagflation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When supply is higher than demand, unemployment increases and prices fall:
Socialism
Inflation
Stagflation
Deflation
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