
Fiscal and monetary policy

Flashcard
•
Social Studies
•
11th Grade
•
Hard
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14 questions
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1.
FLASHCARD QUESTION
Front
What is the term for the government policy regarding taxes and spending? Options: Fiscal Policy, Monetary Policy
Back
Fiscal Policy
2.
FLASHCARD QUESTION
Front
What is the relationship between Money Supply and Interest Rates? Options: Fiscal Policy, Monetary Policy
Back
Monetary Policy
3.
FLASHCARD QUESTION
Front
What is the goal of expansionary fiscal policy?
Back
Increase government spending
4.
FLASHCARD QUESTION
Front
If the government wants to foster economic expansion, they should: Increase spending & cut taxes
Back
Increase spending & cut taxes
5.
FLASHCARD QUESTION
Front
What impact would cutting the discount rate have?
Back
Increased borrowing & spending
6.
FLASHCARD QUESTION
Front
Who is in control of Monetary policy?
Back
Federal Reserve
7.
FLASHCARD QUESTION
Front
If the Fed lowers the reserve requirement, there is more money in:
Back
Banks
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