Fiscal and Monetary Policy

Fiscal and Monetary Policy

8th - 12th Grade

26 Qs

quiz-placeholder

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Fiscal and Monetary Policy

Fiscal and Monetary Policy

Assessment

Quiz

Social Studies

8th - 12th Grade

Hard

Created by

Tracee McDonald

Used 21+ times

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26 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Who is responsible for making fiscal policy decision? 

The President and Congress
The Federal Reserve System
The National Council of Economic Advisors

The Department of Commerce

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The federal government's overall approach to spending and taxes is called

Physical Policy

Fiscal Policy

The Federal Reserve

Monetary Policy

3.

MULTIPLE SELECT QUESTION

30 sec • 5 pts

Which of the following would stimulate the economy?

Decrease taxes

Raise taxes

Government spends more on Science research

Government cuts organizations like the National Science Foundation

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Monetary policy decisions are made by:

Congress

Senate

The Fed

President

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What can the government do to slow the economy in order to reduce inflation?

lower taxes

raise taxes

spend more

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

To help the economy grow, the government can

increase spending

decrease spending

lower the minimum wage

raise taxes

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The action by the FED to adjust the size of the money supply, and to adjust interest rates in order to keep prices down and employment high.

fiscal policy

monetary policy

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