Unit VIII Macroeconomics

Unit VIII Macroeconomics

Assessment

Flashcard

Social Studies

12th Grade

Hard

Created by

Wayground Content

FREE Resource

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20 questions

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1.

FLASHCARD QUESTION

Front

If the intent of the Federal Reserve is to raise GDP, they will most likely

Back

purchase government securities in the open market

2.

FLASHCARD QUESTION

Front

What is the main purpose of a quota?

Back

to limit the amount of foreign goods imported

3.

FLASHCARD QUESTION

Front

Which consumer protection law was designed to ensure competition in business, eliminated illegal mergers?

Back

Clayton-Anti Trust Act

4.

FLASHCARD QUESTION

Front

What action could the US government reasonably take in order to protect domestic competition from foreign producers in other countries?

Back

impose a tariff on produces produced outside the US

5.

FLASHCARD QUESTION

Front

If the Federal reserve works to decrease the money supply, what would you expect to happen to prices?

Back

prices will decrease

6.

FLASHCARD QUESTION

Front

Who is in charge of Monetary Policy?

Back

The Federal Reserve

7.

FLASHCARD QUESTION

Front

The excerpt above is illustrating ________ policy

Back

Fiscal

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