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Fiscal and Monetary Policy

Authored by Natalie Santana

Social Studies

12th Grade

Used 157+ times

Fiscal and Monetary Policy
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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

When the federal government uses its spending and revenue to influence the economy

Fiscal Policy

Monetary Policy

Keynesian Policy

Supply Side Policy

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is NOT a goal of fiscal policy?

Deficit Growth

Economic Growth

Full Employment

Stable Prices

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is NOT a feature of a contractionary fiscal policy?

Decreasing taxes

Decreasing spending

Decreasing aggregate demand

Increasing taxes

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which fiscal policy is the government likely to adopt during a contraction?

Expansionary

Contractionary

Easy Money

Tight Money

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is NOT a feature of expansionary fiscal policy?

Decrease aggregate demand

Increase government spending

Cut taxes

Decrease unemployment

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is NOT a limitation of fiscal policy?

Mandatory spending can be changed

Lawmakers wait too long to change the policy

Lawmakers act in voters' self-interest

Federal and state fiscal policies conflict

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Keynesian followers believe this entity should increase demand during contractions

Federal Government

Federal Reserve

State Governments

Individual Producers

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