AP Macro Graph Review: AS/AD and Fiscal Policy
Authored by Jason Lee
Other Sciences
11th - 12th Grade
Used 19+ times
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21 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A fiscal policy action that could be taken to return this economy to full employment would be to
increase the reserve requirement.
lower the discount rate.
increase government spending.
increase taxes.
buy securities or bonds.
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The fiscal policy action that could return this economy to full employment would be to
sell bonds.
raise the discount rate.
increase government spending.
cut taxes.
decrease government spending.
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The economy is at point a. The government cuts taxes. It will now be at point
a
b
c
d
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The economy is at point b. The government cuts spending. It will now be at point
a
b
c
d
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The economy is at point c. The government raises income taxes. It will now be at point
a
b
c
d
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The economy is at point d. The government raises government spending. It will now be at point
a
b
c
d
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What fiscal policy action could have caused the shift in the graph?
an increase in taxes
an increase in the discount rate
a decrease in the federal funds rate
a decrease in the reserve requirement
an increase in government spending
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