11/6/2023

11/6/2023

12th Grade

10 Qs

quiz-placeholder

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11/6/2023

11/6/2023

Assessment

Quiz

Social Studies

12th Grade

Medium

Created by

Shannon Linebarger

Used 7+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of fiscal policy?

To regulate the supply of money in the economy

To achieve economic growth, full employment, and price stability

To enforce voluntary contracts

To protect people's right to own property

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of regulatory policy in a free enterprise system?

To regulate the supply of money in the economy

To achieve economic growth, full employment, and price stability

To maintain law and order, protect property rights, and enforce contracts

To provide check clearing services and supervise member banks

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which institution regulates the supply of money in the United States?

The Federal Reserve

The National Institutes of Health

NASA

The Internet

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some ways in which governmental policies influence the economy?

Interest rates, money supply, and banking regulation

Trade relations, distribution of tax revenue, and anti-monopoly laws

Unemployment insurance, right to work laws, and tariff laws

Industrial safety, quality regulation, and COVID vaccines

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the major sources of revenue for the United States government?

Contracts for services and purchases of equipment

NASA inventions and COVID vaccines

Interest rates and banking regulation

Taxation and regulation

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the major expenditures of the U.S. government?

Contracts for services and purchases of equipment

NASA inventions and COVID vaccines

Interest rates and banking regulation

Taxation and regulation

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the U.S. patent system fostered economic growth?

By regulating the supply of money in the economy

By achieving economic growth, full employment, and price stability

By protecting the intellectual property of creators and inventors

By providing check clearing services and supervising member banks

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