Fiscal and Monetary Policy

Fiscal and Monetary Policy

12th Grade

15 Qs

quiz-placeholder

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Fiscal and Monetary Policy

Fiscal and Monetary Policy

Assessment

Quiz

Social Studies

12th Grade

Practice Problem

Easy

Created by

Dawn L Bruns

Used 1+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fiscal policy is actions taken by Congress and the President to stabilize the economy.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Monetary Policy is how the Federal Reserve influences the supply of money and brings the nation out of either a recession or inflationary period.

True

False

3.

CATEGORIZE QUESTION

3 mins • 4 pts

Match the tools to the correction stabilization policy.

Groups:

(a) Fiscal Policy

,

(b) Monetary Policy

Government Spending

Interest on Reserves

Discount Rate

Taxes

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The government increases spending on public schools and healthcare to boost economic growth. Which type of policy is this?

Contractionary Fiscal Policy

Expansionary Fiscal Policy

Contractionary Monetary Policy

Expansionary Monetary Policy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Federal Reserve (the central bank) lowers interest rates, making it cheaper for people and businesses to borrow money.Which type of policy is this?

Contractionary Fiscal Policy

Expansionary Fiscal Policy

Contractionary Monetary Policy

Expansionary Monetary Policy

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To slow down high inflation, the Federal Reserve raises interest rates, making loans more expensive. Which type of policy is this?

Contractionary Fiscal Policy

Expansionary Fiscal Policy

Contractionary Monetary Policy

Expansionary Monetary Policy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To reduce high inflation, the government raises income taxes, leaving people with less money to spend. Which type of policy is this?

Contractionary Fiscal Policy

Expansionary Fiscal Policy

Contractionary Monetary Policy

Expansionary Monetary Policy

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