Exploring Monetary and Fiscal Policy Dynamics

Exploring Monetary and Fiscal Policy Dynamics

Assessment

Interactive Video

Social Studies

6th - 10th Grade

Practice Problem

Medium

Created by

Lucas Foster

Used 18+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary task of the Federal Reserve System?

To manage healthcare

To oversee education

To control the money supply

To collect taxes

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens when the Federal Reserve lowers the discount rate?

Banks borrow less money

More money circulates in the economy

Taxes are raised

The stock market crashes

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one effect of raising the bank reserve requirement?

Eliminates the need for taxes

Increases money circulation

Decreases money circulation

Has no effect on money circulation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Quantitative Easing primarily concerned with?

Lowering education costs

Increasing the money supply

Raising taxes

Reducing government spending

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major challenge in implementing fiscal policy in America?

Raising taxes

Reducing military spending

Expanding healthcare coverage

Increasing educational funding

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does supply-side economics advocate?

Reducing the money supply

Increasing government spending

Lowering taxes to stimulate economic growth

Increasing taxes on businesses

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are uncontrollables in the federal budget?

Funds allocated to education

Investments in technology

Mandatory spending items

Discretionary spending items

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?