
Economic Policy
Authored by Jaime Pompe
Social Studies
10th Grade
Used 1+ times

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32 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
If government statistics show rising unemployment and a falling Consumer Price Index, which of these actions should the Federal Reserve take to help the economy?
increase government spending
decrease interest rates
increase the reserve requirements for banks
decrease tariffs placed on imported products
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these is a goal of the United States government in stabilizing the economy?
to increase the national debt
to decrease the unemployment rate
to increase the Consumer Price Index (CPI)
to decrease the Gross Domestic Product (GDP)
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these is an example of government fiscal policy?
creating budgets
adjusting the discount rate
conducting open-market operations
changing the reserve requirement
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these is a characteristic of an economic downturn?
increased employment levels
increased consumer spending
decreased government regulations
decreased production of goods and services.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Study the political cartoon. What rates are being cut as shown in the political cartoon?
Tariff
Interest
Personal income tax
Corporate income tax
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Student the graph. Which of these best characterizes the condition of the economy between 1975 and 1978?
A rapidly rising unemployment rate
Increased economic growth
A constant inflation rate
Steady interest rates
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these is a responsibility of the Federal Reserve System?
collecting taxes
lending money to inviduals
controlling the money supply
approving budgets
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