Ch. 14 Practice Flashcard

Ch. 14 Practice Flashcard

Assessment

Flashcard

Social Studies

12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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26 questions

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1.

FLASHCARD QUESTION

Front

Fical policy is _____________ or ___________ policy used to keep the economy stable or to assist in time of recession.

Back

spending; taxing

2.

FLASHCARD QUESTION

Front

The Federal Reserve Bank ("The Fed") is a system of 12 regional banks which helps determine monetary policy and banking regulation.

Back

True

3.

FLASHCARD QUESTION

Front

The Fed can ___________ interest rates to help stop inflation

Back

raise

4.

FLASHCARD QUESTION

Front

If the Fed sells government securities, this ____________ the money supply.

Back

increases/expands

5.

FLASHCARD QUESTION

Front

Raising or lower the ____________ _____________, or how much cash a bank has to keep on hand, is a tool of monetary policy.

Back

reserve requirement

6.

FLASHCARD QUESTION

Front

If the government increases spending or lowers taxes, it is implementing a(n) ________________ _____________ policy

Back

expansionary fiscal

7.

FLASHCARD QUESTION

Front

If the government decreases spending or raises taxes, it is implementing a(n) ________________ _____________ policy

Back

contractionary fiscal

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