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Fiscal and monetary policy review

Authored by David smith

Social Studies

11th - 12th Grade

50 Questions

Used 31+ times

Fiscal and monetary policy review
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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Fiscal Policy is concerned with

Government Spending and taxation
Consumer spending and productivity
Government spending and the money supply
Taxation and inflation

2.

MULTIPLE SELECT QUESTION

1 min • 1 pt

An example of expansionary is what? (Multiple answers - must pick all to receive credit)

Decrease taxes

Raise taxes

Government spends more on Science research

Government cuts organizations like the National Science Foundation

3.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Examples of contractionary fiscal policy includes which of the following (choose all correct answers)?

Raise taxes on corporations

Lower the corporate tax rate

Government increases spending on research in Antarctica

Government cuts spending on education

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which is NOT one of government's role in the economy?

Protecting property rights

Maintaining competition

Protecting consumers, savers, and investors

Protecting monopolistic corporations

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is an example of a positive externality?

Air pollution from factories

Eminent domain

Allowing people to smoke on school campuses

A student getting immunizations in order to go to school

6.

MULTIPLE SELECT QUESTION

2 mins • 1 pt

The goals of monetary policy include (more than one answer - pick all correct answers for credit):

regulating the amount of money circulating in the economy

Keep inflation high

Keep inflation low

Keep unemployment low

Raise the unemployment levels

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a rise in the cost of goods and services

inflation
discount rate
interest
monetary policy

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