UNIT 9-BUDGETING, MONETARY AND FISCAL POLICY REVIEW

UNIT 9-BUDGETING, MONETARY AND FISCAL POLICY REVIEW

11th Grade

23 Qs

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UNIT 9-BUDGETING, MONETARY AND FISCAL POLICY REVIEW

UNIT 9-BUDGETING, MONETARY AND FISCAL POLICY REVIEW

Assessment

Quiz

Social Studies

11th Grade

Practice Problem

Easy

Created by

Dru pifel

Used 7+ times

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23 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Federal Reserve Bank is the central bank of the United States.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Federal Reserve Bank uses fiscal policy to try and stabilize the economy.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Inflation is the decrease in the amount of money and credit.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are payments of money you’re required to give to the government?

Deductions

Taxes

Cash prizes

Donations

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the market value of all goods and services produced in a country for a single year?

Gross Domestic Product

Gross National Product

Tax Burden

Net National Product

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The primary source of revenue for general spending by the federal government is:

Property taxes

Income taxes

Inheritance taxes

Corporate income taxes

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the Gross Domestic Product measure?

Inflation

Unemployment

Changes in the economy

Size of economy

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