Week 18 Refresher 1

Week 18 Refresher 1

12th Grade

17 Qs

quiz-placeholder

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Week 18 Refresher 1

Week 18 Refresher 1

Assessment

Quiz

Other

12th Grade

Medium

Created by

Claire Evans

Used 1+ times

FREE Resource

17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are fiscal policies?

Government strategies that aim to regulate the overall level of economic activity by adjusting interest rates and money supply

The actions taken by the government to manage its budget, including taxation and spending, to influence the economy

The management of international trade agreements and negotiations to promote economic growth

Private sector initiatives aimed at controlling inflation and stabilizing prices in the market

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are expansionary fiscal policies?

Government actions to increase spending and increase taxes to slow down the economy
Government actions to increase spending or decrease taxes to stimulate the economy
Government actions to decrease spending and keep taxes the same to stimulate the economy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are contractionary fiscal policies?

Government actions to decrease aggregate demand and slow down economic growth
Government actions to maintain aggregate demand and stabilize economic growth
Government actions to increase aggregate demand and speed up economic growth

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is this an example of:
Allocation of funds for the development and maintenance of physical and organizational structures

Transfer payments

Current spending

Infrastructure spending

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is this an example of:
Expenditures on the day-to-day operations and maintenance of the Government

Infrastructure spending

Transfer payments

Current spending

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is this an example of?

Payments made by a government to individuals or groups without any goods or services being received in return

Transfer payments

Infrastructure spending

Current spending

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is this an example of:

People do not have money available to spend and they lose confidence in the economy and are less positive about their future situation with respect to employment, money and so on.

Infrastructure projects

Contractionary spending

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