Tax Terms- Plus Monetary and Fiscal Policy Review
Authored by Dan Mundrick
History
8th - 12th Grade
Used 29+ times
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21 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
FISCAL POLICY- The economy is in a economic boom and low unemployment and high consumer spending.
The Fed. Govt. should do what to the spending levels to SLOW the economy?
increase
decrease
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Monetary POLICY- The economy has rising prices and strong demand for consumer goods.
The Fed. Reserve should do what to the discount rate to lower inflation?
increase
decrease
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Monetary POLICY- The economy is in a recession has weak housing prices and low demand for consumer goods.
The Fed. Reserve should do what to the discount rate to lower unemployment?
increase
decrease
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
FISCAL POLICY- The economy is in a economic boom and low unemployment and growing inflation.
The Fed. Govt. should do what to the tax rate to slow the economy?
increase
decrease
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
MONETARY POLICY- The economy is expanding rapidly and high demand for consumer goods.
The Fed. Reserve should do what to the reserve requirements to lower inflation?
increase
decrease
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
MONETARY POLICY- The economy is in a economic depression and high unemployment.
The Fed. Reserve should do what to the reserve requirements to expand the economy?
increase
decrease
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
FISCAL POLICY- The economy is in a economic depression and high unemployment.
The Fed. Govt. should do what to the tax rate to expand the economy?
increase
decrease
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