

4.9: Ideology and Economic Policy Making
Flashcard
•
Social Studies
•
11th Grade
•
Practice Problem
•
Hard
Wayground Content
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10 questions
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1.
FLASHCARD QUESTION
Front
What does fiscal policy refer to?
Back
Decisions about government spending and taxation
2.
FLASHCARD QUESTION
Front
Who controls fiscal policy in the United States?
Back
Congress
3.
FLASHCARD QUESTION
Front
What does monetary policy refer to?
Back
Decisions about how much money should be in the economy
4.
FLASHCARD QUESTION
Front
Who controls monetary policy in the United States?
Back
The Federal Reserve
5.
FLASHCARD QUESTION
Front
Which economic theory do liberals generally support?
Back
Keynesian economics
6.
FLASHCARD QUESTION
Front
Which economic theory do conservatives generally support? Options: Keynesian economics, Marxist economics, Supply-side economics, Behavioral economics
Back
Supply-side economics
7.
FLASHCARD QUESTION
Front
What is the main focus of supply-side economics?
Back
Supporting businesses to produce more goods
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