MacroEconomics

MacroEconomics

9th - 10th Grade

10 Qs

quiz-placeholder

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MacroEconomics

MacroEconomics

Assessment

Quiz

Social Studies, Other

9th - 10th Grade

Medium

Created by

Isis Walley

Used 10+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the main function of Fiscal policy?

Government spending and taxation to stabilize the economy

Buy houses

Take over the economy

Buy government bonds

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

If the economy is in an inflationary period, what action would fiscal policy most likely take?

Decrease Taxes

increase government spending

Increase taxes

Decrease the discount rate

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the function of the expansionary phase?

Decreasing unemployment rate

increasing inflation rate

Decreasing GDP

Both A and B

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Who controls the Monetary policy?

FED Bank

Fed government

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Easy Money policy Buys government bonds

True

False

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Expansionary policy increase government spending and decrease taxes

false

True

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Contractionary policy does what?

Increase government spending

Decrease government spending

Decrease reserves

Decrease Taxes

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