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Economic Policy Quiz

Total questions: 9

Worksheet time: 5mins

Name
Class
Date
1.

What does economic policy refer to?

a)

Actions the government takes to influence education

b)

Actions the government takes to influence healthcare

c)

Actions the government takes to influence social welfare

d)

Actions the government takes to influence the economy

2.

Which type of policy involves deciding tax rates and spending money?

a)

Environmental Policy

b)

Social Policy

c)

Monetary Policy

d)

Fiscal Policy

3.

What does the central bank do to influence the economy?

a)

Set tax rates

b)

Increase government spending

c)

Regulate social welfare programs

d)

Adjust interest rates

4.

What is the main focus of Project Ireland 2040?

a)

Investing in Ireland's growth

b)

Lowering tax rates

c)

Increasing social welfare benefits

d)

Reducing government spending

5.

Who will benefit from the improvements in transport and infrastructure under Project Ireland 2040?

a)

Businesses

b)

Students

c)

Social welfare recipients

d)

Consumers

6.

What is the expected increase in population in Ireland by 2040 according to Project Ireland 2040?

a)

One million people

b)

Two million people

c)

500,000 people

d)

No change in population

7.

How will Irish households be impacted by Project Ireland 2040?

a)

No impact on households

b)

Will have lower tax rates

c)

Will receive more social welfare benefits

d)

May face an increase in charges and taxes

8.

What could be a possible consequence for employees due to the funding of Project Ireland 2040?

a)

Decrease in income taxes

b)

Increase in social welfare benefits

c)

No impact on employees

d)

Increase in income taxes

9.

What is the main focus of the government's economic policy?

a)

Influencing the economy

b)

Influencing education

c)

Influencing healthcare

d)

Influencing social welfare