
Unit 4: The govenrment and Fiscal Policy
Quiz
•
Business
•
4th Grade
•
Hard
Hai Nguyen
FREE Resource
49 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is fiscal policy?
Policy controlling interest rates
Government's spending and taxing policies
Export and import policies
Monetary policy of the Central Bank
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Net taxes (T) are
Income after taxes
Total taxes
Taxes paid minus transfer payments
Total spending of government
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Disposable income (Yd) is
Y+T
Y-T
T-Y
Y+G
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Planned aggregate expenditure (AE) is
C+I
C+G
C+I+G
C+S+G
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Budget balnce equals:
G-T
T-G
G+T
T+G
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If T-G > 0, the government is running a:
Balanced budget
Deficit
Surplus
Crisis
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If T - G <0, the government is running a
Deficit
Surplus
Balanced budget
Structual budget
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