
Chapter 6 Fiscal Policy
Interactive Video
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Other
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9th - 12th Grade
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Medium
EconSuperstar's Channel
Used 7+ times
FREE Resource
23 questions
Show all answers
1.
SLIDE QUESTION
30 sec • Ungraded
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Which best describes Gross Domestic Product (GDP)?
market value of all final goods produced in a period (usually yearly), an international recognised measure of national income
market value of all final services produced in a period (usually yearly), an international recognised measure of national income
market value of all final goods and services produced in a period (usually yearly), an international recognised measure of national income
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Aggregate demand is used to measure GDP?
True
False
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Aggregate demand is the sum of all demand in a given period coming from...
Domestic Consumers, Domestic Firms, Local Government
Domestic Consumers, Domestic Firms, The Local Government, and Foreign Buyers
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Local governments can control GDP growth the most by adjusting spending of which party?
Domestic Consumers
Domestic Firms
The Local Government
Foreign Buyers
6.
MULTIPLE SELECT QUESTION
5 mins • 1 pt
Local governments can indirectly control spending which controls GDP growth through adjusting taxation for which parties?
Domestic Consumers
Domestic Firms
The Local Government
Foreign Buyers
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Indirect taxes are imposed on---------- whereas direct taxes are imposed on---------
Income (Lohn), Spending
Spending, Income (Lohn)
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