Role of Government Quiz #2v2

Role of Government Quiz #2v2

12th Grade

16 Qs

quiz-placeholder

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Role of Government Quiz #2v2

Role of Government Quiz #2v2

Assessment

Quiz

Social Studies

12th Grade

Medium

Created by

Brett Pierotte

Used 19+ times

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16 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

Which of the following results should be included where the question mark appears in the illustration?

unemployment
inflation
consumer spending
production

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

Which of the following results should be included where the question mark appears in the illustration?

the reserve requirement
interest rate
inflation
unemployment

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

If the Federal Reserve raises interest rates to combat rapid inflation, what might be a negative outcome?

Unemployment rates would rise
taxes will rise 
The government would put a freeze on prices
international trade would stop 

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

If the Federal reserve and Government are attempting to encourage growth and stimulate the economy, which actions would each take? 
(monetary / fiscal)

increase the Required reserve / increase government spending
sell government securities / decrease taxes
decrease the interest rate / increase government spending
buy government securities / decrease government spending

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

If the federal government is attempting to encourage spending by consumers and businesses, a fiscal policy BEST serving this purpose would be

decreasing taxes.
decreasing government spending.
reducing the investment tax credit.
balancing the budget.

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The rate the Fed charges banks for a loan

Discount rate
Federal fund rate
reserve ratio
prime rate

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Taxing & spending to help the economy grow is referred to as

expansionary policy
monetary policy
contractionary policy
budget deficit

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