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Monetary and Fiscal Policy

Authored by Katelyn Reckers

Social Studies

11th Grade

Used 1+ times

Monetary and Fiscal Policy
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27 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Monetary policy refers to what?

How government regulates the amount of money in circulation

The federal government’s overall approach to spending, borrowing, and taxation.

A general, sustained upward movement of prices for goods and services in an economy.

The upper limit set on the amount of money the government may borrow to meet its existing legal obligations.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Whose job is it to control the money supply?

The Executive Branch of Government

The Legislative Branch of Government

Federal Reserves

President

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fiscal policy deals with what?

How government regulates the amount of money in circulation

Government expenditures in excess of government revenues.

A general, sustained upward movement of prices for goods and services in an economy.

Raising taxes and using the money that's raised

4.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

The federal government's overall approach to spending and taxes is called

Physical Policy

Fiscal Policy

вежба

Monetary Policy

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Monetary Policy is the Federal Reserve Systems attempt to...

control the amount of money in circulation

control the Federal Government's debt

control state governments' spending

none of these answers are correct.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is responsible for making fiscal policy decision?

The President and Congress

The Federal Reserve System

The National Council of Economic Advisors

The Department of Commerce

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Monetary policy decisions are made by:

Congress

President

Senate

The Fed

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