MICROECONOMICS AND MACROECONOMICS

It is the use of government spending to affect the economy.

• Fiscal policy

• Monetary policy

Cutting or increasing taxes is an example of ...

• Monetary policy

• Fiscal policy

• F

Fiscal Policy is the means by which the government keeps the economy stable through taxes and expenditures.

• True

• False

Institution whose financial obligations underlie an economy's money supply.

• Government

• Central Bank

The central bank regulates the monetary system.

• True

• False

Which of the following is a monetary policy action used to combat a recession?

• cutting taxes

• decreasing the money supply

• increasing the money supply

Unemployment can be created when consumption and demand lessen.

• True

• False

Monetary and fiscal policies have to do with...

• Macroeconomics

• Microeconomics

Payment made by the government to help a producer to continue to operate is …

• Subsidy

• Tariff

• Tax

• Remittance

Which of these can shift the demand curve?

• Change in Income

• Change in Input

• Change number of competitors

• Change in Technology