Economics and Gov. EOC

Economics and Gov. EOC

11th - 12th Grade

35 Qs

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Economics and Gov. EOC

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Assessment

Quiz

History

11th - 12th Grade

Practice Problem

Hard

Created by

Ben Richard

Used 77+ times

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35 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is in charge of our nation's FISCAL policy?

Congress

Federal Reserve

President

Supreme Court

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is in charge of our nation's MONETARY policy?

Congress

Federal Reserve

President

Supreme Court

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following are examples of fiscal policy?

Interest Rates

Taxing and spending

Open Market Operations

Banking Regulations

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of monetary policy?

Interest Rates

Taxing and Spending

Borrowing

Environmental Laws

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If "the Fed" wants to stimulate economic growth, what action are they likely to take?

cut taxes

borrow money

cut interest rates

raise the reserve requirement

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If "the Fed" wants to fight inflation, which action are they most likely to take?

increase spending

cut government salaries

lower interest rates

raise interest rates

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who keeps track of how much money is in circulation at any given time?

Congress

Federal Reserve

US Bank

FDIC

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