Macro Pop Quiz

Macro Pop Quiz

12th Grade

11 Qs

quiz-placeholder

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Macro Pop Quiz

Macro Pop Quiz

Assessment

Quiz

History

12th Grade

Easy

Created by

Aaron Gomez

Used 1+ times

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11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Who controls fiscal policy?

The Federal Reserve

The Federal Government

The FBI

Federal Income Tax

2.

MULTIPLE SELECT QUESTION

1 min • 1 pt

The two "tools" of Fiscal Policy are:

the power to tax

the power to spend

the power to borrow money

the power to print money

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Taxing & spending to help the economy grow is referred to as

expansionary policy
monetary policy
contractionary policy
budget deficit

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Taxing & spending to slow the economy is referred to as 

budget surplus 
monetary policy
contractionary policy
budget deficit

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

"The Fed refers to the Federal Reserve System, the Central Bank of the United States. The FOMC is the Federal Open Market Committee, the group responsible for implementing monetary policy."

Fiscal policy

Monetary policy

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

"In February, lawmakers set themselves up to reach a more permanent spending agreement by the end of March. Congress agreed to increases to domestic and defense spending over the next two years, raising funding for domestic programs by $128 billion and hiking defense budgets by $160 billion. But they didn’t actually decide where the money would go."

Fiscal policy

Monetary policy

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

"The U.S. Federal Reserve is almost certain to hike interest rates Wednesday to the highest level in a decade: 1.5 to 1.75 percent. "

Fiscal policy

Monetary policy

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