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Practice Quiz: Fiscal Policy

Authored by Michael Kouznetsov

Social Studies

12th Grade

Used 38+ times

Practice Quiz: Fiscal Policy
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20 questions

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1.

CATEGORIZE QUESTION

1 min • 1 pt

Place the following policy goals under the correct economic situation

Groups:

(a) During a recession

,

(b) During inflation

Increase consumer confidence

Increase employment

Discourage borrowing

Reduce overall demand

Reduce the money supply

Increase the money supply

2.

CATEGORIZE QUESTION

1 min • 1 pt

Place the following policies into the correct category:

Groups:

(a) Recession

,

(b) Inflation

Fund public works projects

Reduce government spending

Reduce business taxes

Implement stimulus packages

Increase tax rates

Limit government hiring

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

'Fiscal policy' is a category of government actions involving:

taxes

spending

security

transportation

4.

MATCH QUESTION

1 min • 1 pt

Match the following taxes to the level of government which collects them:

Federal

Social Security

State

Property Tax

Local

Sales Tax

5.

MATCH QUESTION

1 min • 1 pt

Match the following taxes to the correct category:

Federal Income Tax

Regressive Tax

Sales Tax

Flat Tax

Poll Tax

Progressive Tax

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Public schools in the U.S. are primarily funded by:

Federal Income Taxes

Local Property Taxes

State Sales Taxes

Federal Social Security Taxes

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of policy is this?

Increasing unemployment benefits

Expansionary

Contractionary

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