Fiscal Policy

Fiscal Policy

12th Grade

20 Qs

quiz-placeholder

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Fiscal Policy

Fiscal Policy

Assessment

Quiz

Other

12th Grade

Medium

Used 56+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Inflation that results from an increase in aggregate demand.

surplus
stagflation
demand-pull
deficit

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The problem attacked by Reaganomics.

surplus
stagflation
demand-pull
deficit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

More revenue than expenditures.

surplus
stagflation
demand-pull
deficit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

More expenditures than revenue.

surplus
stagflation
demand-pull
deficit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The purpose of fiscal policy is to...

increase the money supply.
increase economic efficiency.
stabilize the economy.
increase economic growth only.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Keynesian fiscal policy is known as ___ because it adjusts the ___ curve.

supply side; supply
supply side; demand
demand side; supply
demand side; demand

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Keynesian fiscal policy cannot fix...

inflation.
stagflation.
unemployment.
contraction.

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