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MICROECONOMICS AND MACROECONOMICS

Authored by Edna Flores Garcia

Social Studies

11th Grade

Used 80+ times

MICROECONOMICS AND MACROECONOMICS
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22 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Fiscal policy

Monetary policy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cutting or increasing taxes is an example of ...

Monetary policy

Fiscal policy

F

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Government

Central Bank

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The central bank regulates the monetary system.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

cutting taxes

decreasing the money supply

increasing the money supply

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Unemployment can be created when consumption and demand lessen.

True

False

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