Fiscal Policy, Monetary Policy and the branches

Fiscal Policy, Monetary Policy and the branches

11th Grade

30 Qs

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Fiscal Policy, Monetary Policy and the branches

Fiscal Policy, Monetary Policy and the branches

Assessment

Quiz

History

11th Grade

Medium

Created by

Luke Marks

Used 4+ times

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30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A rise in the cost of goods and services

inflation

discount rate

interest

monetary policy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The goal of monetary policy is to

sell bonds

reduce unemployment

Maintain a stable and strong economy

increase tariffs on foreign countries

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

"The Fed" refers to the....

Federal Bureau of Investigation

Federal Government

Federal Reserve System/Bank

Federal Income Tax

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The federal government is attempting to encourage spending by consume rs and businesses, a fiscal policy BEST serving this purpose would be

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

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If the United States is experiencing inflation, the Fed will likely

Increase the supply of money in the economy
Decrease the supply of money in the economy

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a recession, the Fed would likely

Increase the supply of money in the economy
Decrease the supply of the money in the economy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are two tools the government has to carry out its monetary policy?

government spending and reserve requirement

Discount rate (interest rate) and the reserve requirement

buy/selling bonds and taxes

discount rate and taxes

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