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Monetary and Fiscal Policy

Authored by Wayground Content

Social Studies

11th Grade

Used 22+ times

Monetary and Fiscal Policy
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fiscal policy deals with what?

How government regulates the amount of money in circulation

Government expenditures in excess of government revenues.

A general, sustained upward movement of prices for goods and services in an economy.

Raising taxes and using the money that's raised

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Congress and the President are responsible for implementing

Monetary policy

Fiscal policy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

America's central bank is known as what?

Congress

Federal Reserves

White House

Bank of America

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To help the economy grow, the government can

increase spending

decrease spending

lower the minimum wage

raise taxes

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When the government raises taxes, what does it take out of circulation?

Money

Credit

People

Jobs

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If Congress increases government spending by the same amount it increases taxes aggregate demand will

remain the same
decrease, these are both contractionary
increase
shift down

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Monetary Policy is the Federal Reserve Systems attempt to...

control the amount of money in circulation

control the Federal Government's debt

control state governments' spending

none of these answers are correct.

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