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Unit 5 Vocab Quiz

Authored by Jordyn Trevino

Social Studies

12th Grade

Used 1+ times

Unit 5 Vocab Quiz
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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is the term for actions or procedures approved by the government?

Policy

Revenue

Regulation

Taxation

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is the term for income raised by the government?

Policy

Revenue

Expenditure

Subsidy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What does the term "expenditure" refer to in a governmental context?

Income generated by the government

Costs incurred by the government

Savings of the government

Revenue from taxes

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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What are "regulations" in the context of government?

Suggestions for citizens

Standards and rules set by the government

Historical documents

Financial reports

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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What does fiscal policy relate to?

Supply of money

Spending and collection of revenue

Interest rates

Trade regulations

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What does monetary policy relate to?

Taxation

Government spending

Supply of money

Import tariffs

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is the definition of "foreign aid"?

Military support given to allies

Cultural exchange programs

Monetary assistance given to other countries

Trade agreements between nations

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