
Fiscal Policy + Business Cycle
Authored by Rachel Kelley
Social Studies
9th - 12th Grade
Used 3+ times

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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What phase of the business cycle do we expect real GDP to be at its highest and unemployment at its lowest?
peak
trough
expansion
contraction
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What phase of the business cycle we do we expect real GDP to be at its lowest and unemployment at its highest?
peak
trough
expansion
contraction
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Where on the business cycle is real GDP increasing and unemployment decreasing?
Peak
trough
contraction
expansion
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Where on the business cycle is real GDP decreasing and unemployment increasing?
peak
trough
expansion
contraction
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What are the two fiscal policy tools of the federal government? Select two choices.
Government spending
Taxes
Monetary policy
International trade
6.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What would the government do to move out of a recession? Two options are correct.
Increase government spending
Decrease government spending
Increase taxes
Decrease taxes
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What would a government do to decrease inflation during an expansionary period?
Increase government spending
Decrease government spending
Increase taxes
Decrease taxes
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