Fiscal Policy Quiz Practice

Fiscal Policy Quiz Practice

8th Grade

•

30 Qs

quiz-placeholder

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Fiscal Policy Quiz Practice

Fiscal Policy Quiz Practice

Assessment

Quiz

•

Social Studies

•

8th Grade

•

Practice Problem

•

Hard

Created by

Anh Vân

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30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is fiscal policy?

Government's use of money supply

Government's use of taxation and spending

Central bank's interest rate decisions

International trade policies

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a tool of fiscal policy?

Open market operations

Taxation

Discount rate

Reserve requirements

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of expansionary fiscal policy?

Reduce inflation

Decrease government spending

Stimulate economic growth

Increase taxes

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following can be a result of contractionary fiscal policy?

Increased inflation

Higher unemployment

Economic growth

Increased consumer spending

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a budget deficit?

When government revenue exceeds spending

When government spending exceeds revenue

A balanced budget

A surplus in the budget

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a component of fiscal policy?

Government spending

Taxation

Money supply

Public debt

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the term "automatic stabilizers" refer to?

Policies that require legislative action

Economic policies that automatically adjust to economic changes

Fixed government spending programs

Non-tax revenue sources

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