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Fiscal Policy

Authored by Brittany Catalano

Social Studies

10th - 12th Grade

CCSS covered

Used 8+ times

Fiscal Policy
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25 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which of the following are responsible for making fiscal policy decision? 

The President and Congress
The Federal Reserve System
The National Council of Economic Advisors
The commerce Department

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Taxing & spending to help the economy grow is referred to as

expansionary policy
monetary policy
contractionary policy
budget deficit

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

The two "tools" of Fiscal Policy are:

the power to tax

the power to spend

the power to borrow money

the power to print money

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The Federal government is concerned that economic growth is too high, that it is unsustainable, and that inflation is resulting. Which of the following fiscal policies  might be enacted to reduce inflation?

Increasing taxation
Open market sales
decreasing taxation
Increasing government spending

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

If and economy experiences a dramatic rise in prices, which fiscal policy action could be taken?

Selling securities on the open market
Raising interest rates
Reducing government spending
Raising reserve requirements

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What makes up the largest area of government spending?

Food Stamps

Medicare

Social Security

Interest payments

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This principle says that only those that use the good or service should pay the tax

Ability to Pay
Fiscal
Benefits
Monetary

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