Monetary and Fiscal Policies

Monetary and Fiscal Policies

12th Grade

16 Qs

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Monetary and Fiscal Policies

Monetary and Fiscal Policies

Assessment

Quiz

Social Studies

12th Grade

Practice Problem

Medium

inflation, unemployment, Fiscal

+1

Standards-aligned

Created by

Emily Sears

Used 50+ times

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

This is the federal budget created to spend tax dollars

monetary policy

fiscal policy

Tags

Fiscal

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Who is in control of deciding how we spend our tax dollars?

The Federal Reserve

The President and Congress

Tags

Fiscal

3.

MULTIPLE SELECT QUESTION

3 mins • 1 pt

Check all that apply: Methods used to influence fiscal policy / the budget

Open Market Operations (securities and bonds)

adjust amount of govt. spending

adjust the discount rate

adjust the reserve requirement for banks

adjust tax rates

Tags

Fiscal

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

If INFLATION is rising, what would be the appropriate FISCAL policy?

expansionary policies such as lower taxes and increasing govt. spending

contractionary policies such as raising taxes and decreasing govt. spending

Tags

inflation

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

If UNEMPLOYMENT is rising, what would be the appropriate FISCAL policy?

expansionary policies such as lower taxes and increasing govt. spending

contractionary policies such as raising taxes and decreasing govt. spending

Tags

unemployment

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

This is controlling the amount of money in circulation

monetary policy

fiscal policy

Tags

Monetary

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Who is in control of monetary policy?

The Federal Reserve

The President and Congress

Tags

Monetary

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