
National Income and Economic Policies Quiz

Quiz
•
Financial Education
•
12th Grade
•
Easy
Tracy Bowers
Used 1+ times
FREE Resource
7 questions
Show all answers
1.
MATCH QUESTION
30 sec • 1 pt
Match the following descriptions with their corresponding National Income Accounts Identity components.
Represents the income-expenditure model equation
The interest rates set by the Federal Reserve
Describes the GDP of a country
The formula Y = C + I + G + NX
Not related to national income accounts
The balance of trade
Refers to the difference between exports and imports
The total value of goods and services produced by a country
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the study guide, what is the primary effect of an increase in autonomous consumption?
It decreases the national income
It has no effect on the economy
It increases the aggregate expenditure
It reduces government spending
3.
DRAG AND DROP QUESTION
30 sec • 1 pt
During recessionary pressures according to the Modern Crises Period 2007-2023, the Federal Reserve (a) .
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the Aggregate Supply curve behave in oligopolistic markets according to the document?
It is perfectly elastic
It is downward sloping
It is vertical
It is very flat with a slight upward slope
5.
DROPDOWN QUESTION
30 sec • 1 pt
A significant consequence of the stability during the period mentioned in the text was (a) .
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What major economic issue emerged during the Great Recession according to the text?
A large output gap
A decrease in unemployment
An increase in consumer spending
Stability in the financial markets
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the text, how did policymakers respond to economic challenges after the Covid shock in 2020?
They were hesitant and slow
They reduced interest rates
They were very aggressive
They increased tax rates
Similar Resources on Wayground
11 questions
Understanding Credit: Building and Managing Your Credit Score

Quiz
•
12th Grade
8 questions
Understanding the U.S. Tax System

Quiz
•
12th Grade
10 questions
Saving & Investment Strategies Final Assessment

Quiz
•
9th - 12th Grade
9 questions
Caveat Emptor: Let the Buyer Beware! - Ramsey

Quiz
•
12th Grade
12 questions
Bank Account Types

Quiz
•
9th Grade - University
10 questions
How to Win the Interview: Dave Ramsey

Quiz
•
12th Grade
8 questions
Insurance Bell Ringer 1

Quiz
•
12th Grade
5 questions
Consumer | 4-3 Activating Strategy

Quiz
•
12th Grade
Popular Resources on Wayground
10 questions
Lab Safety Procedures and Guidelines

Interactive video
•
6th - 10th Grade
10 questions
Nouns, nouns, nouns

Quiz
•
3rd Grade
10 questions
9/11 Experience and Reflections

Interactive video
•
10th - 12th Grade
25 questions
Multiplication Facts

Quiz
•
5th Grade
11 questions
All about me

Quiz
•
Professional Development
22 questions
Adding Integers

Quiz
•
6th Grade
15 questions
Subtracting Integers

Quiz
•
7th Grade
9 questions
Tips & Tricks

Lesson
•
6th - 8th Grade
Discover more resources for Financial Education
10 questions
9/11 Experience and Reflections

Interactive video
•
10th - 12th Grade
20 questions
Getting to know YOU icebreaker activity!

Quiz
•
6th - 12th Grade
10 questions
Impact of 9/11 and the War on Terror

Interactive video
•
10th - 12th Grade
28 questions
Ser vs estar

Quiz
•
9th - 12th Grade
6 questions
Biography

Quiz
•
4th - 12th Grade
25 questions
ServSafe Foodhandler Part 3 Quiz

Quiz
•
9th - 12th Grade
10 questions
Fact Check Ice Breaker: Two truths and a lie

Quiz
•
5th - 12th Grade
20 questions
Macromolecules

Quiz
•
9th - 12th Grade