Fiscal Policy Review

Fiscal Policy Review

10th - 12th Grade

10 Qs

quiz-placeholder

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Fiscal Policy Review

Fiscal Policy Review

Assessment

Quiz

Social Studies

10th - 12th Grade

Medium

Created by

Benjamin McQuade

Used 17+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does a government make money?

Profit

Taxes

Selling goods

Producing a product

2.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

SELECT ALL THAT APPY: Which of the following are examples of taxes collected by the government?

Property

Sales

Payroll

Income

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does a government decide what to spend money on?

Budget

Supreme Court decision

Executive Order

Speech

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fiscal policy is:

The use of government spending and revenue collection to influence the economy

The use of monetary policy by the Fed to influence economy

When supply exceeds demand

When the Federal Reserve prints money

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The different between deficit and debt is:

That debt is the total amount of money a government has borrowed

That debt is the the amount by which a government's expenditures exceed revenues

That debit is how you use your card to pay for items

Deficit is when you have more money than you are spending

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which best describes "expansionary fiscal policy"?

Increasing government spending and lowering taxes

Decreasing government spending and increasing taxes

Increasing government spending and increasing taxes

Decreasing government spending and lowering taxes

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which best describes "contractionary fiscal policy"?

Increasing government spending and lowering taxes

Decreasing government spending and increasing taxes

Increasing government spending and increasing taxes

Decreasing government spending and lowering taxes

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