Fiscal and monetary policy

When the federal government uses its spending and revenue to influence the economy

• Fiscal Policy

• Monetary Policy

• Keynesian Policy

• Supply Side Policy

Which of the following is NOT a goal of fiscal policy?

• Deficit Growth

• Economic Growth

• Full Employment

• Stable Prices

Which of the following is NOT a feature of a contractionary fiscal policy?

• Decreasing taxes

• Decreasing spending

• Decreasing aggregate demand

• Increasing taxes

Which fiscal policy is the government likely to adopt during a contraction?

• Expansionary

• Contractionary

• Easy Money

• Tight Money

This amount is the sum of all money the government has borrowed

• National Debt

• Budget Deficit

• Budget Surplus

• Tight Money

Which of the following is NOT a way the Fed influences the money supply?

• Decreasing taxes

• Changing the reserve ratio

• Influencing interest rates

• Buying or selling government securities

Which of the following are responsible for making fiscal policy decision? 

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

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

• Physical Policy

• Fiscal Policy

• вежба

• Monetary Policy

Fiscal Policy is concerned with

• Government Spending and taxation
• Consumer spending and productivity
• Government spending and the money supply
• Taxation and inflation

An example of expansionary is what? (Multiple answers - must pick all to receive credit)

• Decrease taxes

• Raise taxes

• Government spends more on Science research

• Government cuts organizations like the National Science Foundation