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Economics Unit 4 (Macro Policies)

Authored by Allie Brooks

Social Studies

12th Grade

Used 54+ times

Economics Unit 4 (Macro Policies)
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27 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

____________________ is the use of government spending and revenue collection to influence the economy.

fiscal policy

monetary policy

expansionary policy

contractionary policy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The fiscal policy that encourages economic growth is _____________________. During this time, there is higher spending and tax cuts.

fiscal policy

monetary policy

expansionary policy

contractionary policy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The fiscal policy that reduces economic growth is ______________________. During this time, there is lower spending and higher taxes.

fiscal policy

montary policy

contractionary policy

expansionary policy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Implementing taxes and spending money helps to automatically ______________________.

stabilize the economy

alleviate poverty

raise inflation

lower unemployment

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What are the 3 main goals of fiscal policy?

price stability

full employment

economic growth

economic stability

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_______________________ says that government should increase spending to spark demand and help the economy.

Keynes

Smith

Marx

Betterton

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How the Federal Reserve influences the supply of money and brings the nation out of either a recession or inflationary period is ______________________.

fiscal policy

monetary policy

expansionary policy

contractionary policy

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