Economics Quiz

Economics Quiz

9th - 12th Grade

10 Qs

quiz-placeholder

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Economics Quiz

Economics Quiz

Assessment

Quiz

Social Studies

9th - 12th Grade

Medium

Created by

alexander leahy-perun

Used 4+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This type of policy regulates money supply and interest rates.

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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