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Final Review Session

Final Review Session

Assessment

Presentation

Social Studies

University

Practice Problem

Easy

Created by

Rachel Thurston

Used 3+ times

FREE Resource

2 Slides • 9 Questions

1

Review Session for Final Exam

2

Word Cloud

What topic do you most wish to cover in our final exam review session today?

3

Poll

“The United States should implement a Universal Basic Income program.” 

Strongly Agree

Agree Somewhat

Not Sure

Disagree Somewhat

Strongly Disagree

4

5

Poll

“The United States should implement a Universal Basic Income program.” 

Strongly Agree

Agree Somewhat

Not Sure

Disagree Somewhat

Strongly Disagree

6

Multiple Choice

The value of 10 surfboards, at the price of $200 each, is

1

200

2

2,000

3

20

4

1,000

7

Multiple Choice

The value of 10 surfboards, at the price of $250 each, is

1

250

2

2,000

3

2,500

4

5,000

8

Multiple Choice

The value of 50 umbrellas, at the price of $10 each, is

1

50

2

60

3

200

4

500

9

Multiple Choice

The value of 50 umbrellas, at the price of $20 each, is

1

50

2

100

3

1,000

4

5,000

10

Multiple Choice

Suppose that the economy is in a downturn, and the unemployment rate is up. As a consequence, the amount of government spending on unemployment insurance increases. This is an example of

1

Discretionary fiscal policy

2

An automatic stabilizer

3

A tax cut

4

Expansionary Monetary Policy

11

Multiple Choice

During the Covid pandemic, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act with the goal of providing economic relief in a time of economic stress. Under the act, the IRS issued Economic Impact Payments to households of up to $1,200 per adult for individuals whose income was less than $99,000 (or $198,000 for joint filers) and $500 per child under 17 years old. What type of fiscal policy is this an example of?

1

Discretionary fiscal policy

2

An automatic stabilizer

3

Mandatory Spending

4

Expansionary Monetary Policy

Review Session for Final Exam

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