Fiscal Policy

Fiscal Policy

University

10 Qs

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Fiscal Policy

Fiscal Policy

Assessment

Quiz

Social Studies

University

Practice Problem

Medium

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10 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Fiscal Policy is controlled by...

The Government

The Federal Reserve System

The states

The Department of Commerce

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

1 min • 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

1 min • 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

During a economic expansion, the Federal Government should use...

an expansionary fiscal policy

a contractionary fiscal policy

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

During a contraction / recession, the Federal Government should use

an expansionary fiscal policy

a contractionary fiscal policy

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

An example of expansionary fiscal policy would be

cutting taxes.
cutting government spending.
cutting production of consumer goods.
cutting prices of consumer goods.

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