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MacroEconomics Unit2A

Authored by Vince Beasley

Social Studies

10th - 12th Grade

Used 5+ times

MacroEconomics Unit2A
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50 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

The Federal Reserve Bank ("The Fed") is a system of 12 regional banks which helps determine monetary policy and banking regulation.

True

False

2.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

The Fed can ___________ interest rates to help stop inflation

even out

raise

decrease

both increase and decrease

3.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

Raising or lower the ____________ _____________, or how much cash a bank has to keep on hand, is a tool of monetary policy.

open market operation

discount rate

reserve requirement

dunkin' donuts

4.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

Which is the largest component of government receipts (income)?

corporate taxes

excise taxes

personal income taxes

fuel taxes

5.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

Important state and local spending items include:

highways; public schools

public safety; traffic cones

crosswalks; public libraries

donut shoppes and grass mowing

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

This refers to the purchase of goods and services by individuals or households.

Investment

Export

Import

Consumption

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

In order to help the economy grow, the federal or state government can

increase spending

decrease spending

lower taxes

raise taxes

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