WorksheetsF.A. Monetary and Fiscal Policy
Total questions: 36
Worksheet time: 38mins
What institution crafts and impelements the monetary polic of the Philippines?
Department of Finance
Department of Budget and Management
Lower (Congress) and Upper House (Senate)
Bangko Sentral ng Pilipinas
Which of the following is not a characteristic of money?
Stable
Acceptable
Durable
Abundant
Which of the following is not one of the primary roles of money in the economy?
Medium of Exchange
Measure of Power
Store of Value
Unit of Account
Which of the following is not an example of plastic money?
Cryptocurrency
Debit Card
Credit Card
Prepaid Cash Card
Which characteristic of money ensures its long-term value?
Stable
Acceptable
Durable
Abundant
What do you call to the measures utilized by the Bangko Sentral ng Pilipinas to control the overall money supply and promote economic growth in the country?
Fiscal Policy
Monetary Policy
Financial Policy
Monetary and Fiscal Policy
When the Bangko Sentral ng Pilipinas increases interest rate, what monetary policy is being implemented?
Extensionary
Constructionary
Contractionary
Expansionary
When the Bangko Sentral ng Pilipinas decreases interest rate, what monetary policy is being implemented?
Extensionary
Constructionary
Contractionary
Expansionary
What is the primary function of the Bangko Sentral ng Pilipinas in the Philippine economy?
Regulating the stock market
Controlling inflation
Issuing passports
Managing public transportation
Which of the following is considered a tool of monetary policy?
Building roads and bridges
Setting minimum wage
Adjusting interest rates
Providing healthcare services
How does the Bangko Sentral ng Pilipinas influence the money supply in the economy?
By controlling the taxes
By printing more currency
By adjusting interest rates
By organizing cultural events
When the Bangko Sentral ng Pilipinas wants to lessen spending and increase saving in the economy, what monetary policy will be implemented?
Extensionary
Constructionary
Contractionary
Expansionary
When the Bangko Sentral ng Pilipinas wants to increase lending or borrowing in the economy, what monetary policy will be implemented?
Extensionary
Constructionary
Contractionary
Expansionary
What do you call to the business entities engaged in the lending of funds obtained in the form of deposits?
Banks
Cooperative
Insurance
Pawnshop
What is the primary objective of the Bangko Sentral ng Pilipinas?
Profit Generation
Studying the Economy
Inventory of Gold Reserves
Price Stability
Which of the following is not one of the tasks of the Bangko Sentral ng Pilipinas?
Managing all Banks
Proposing for National Budget to Better the Economy
Chief Banker and Financial Advisor of the Philippine Government
Issuing and Printing/Minting Money
Which of the following is not one of the ways of Bangko Sentral ng Pilipinas to control the money supply of the country?
Fiat Money Authority
Rediscount Rate
Rule of Law
Moral Suasion
What do you call to the banks that carry all the operations related to deposit and withdrawal of money for the general public, providing loans for investment, and other such activities solely for profit generation?
Savings Bank
Commercial Banks
Trust Companies
Rural Banks
What do you call to a separate corporate entity owned by a bank or other financial institution, law firm, or independent partnership who manages trusts, trust funds, and estates for individuals, businesses, and other entities?
Savings Banks
Commercial Banks
Trust Companies
Rural Banks
What do you call to the traditional banks that serve farmers, fishermen, workers or communities away from the highly-dense metropolitan cities in a country?
Savings Banks
Commercial Banks
Trust Companies
Rural Banks
Which of the following is not an international bank?
World Bank
International Monetary Fund
International Development Association
China Banking Corporation
Which of the following is not a banking institution?
SSS
BDO
Sun Savings
DBP
Which of the following is not a pawnshop in the Philippines
Palawan Pawnshop
Canduman Pawnshop
Villarica Pawnshop
Tambunting Pawnshop
Which of the following is a special bank?
Philippine National Bank
Bank of the Philippine Islands
Asian Development Bank
Landbank of the Philippines
What do you call to the bank that specializes in offering savings accounts and originating home mortgages for consumers?
Thrift Banks
Commercial Banks
Trust Companies
Rural Banks
It refers to the management of money supply.
(a)
It refers to taxation and government spending.
(a)
It is the source of money collected from citizens for government spending.
(a)
It is the money allocations for every department of the government.
(a)
What fiscal policy wherein the government resorts to increasing taxes?
(a)
What fiscal policy wherein the government resorts to decreasing taxes?
(a)
What fiscal policy wherein the government resorts to decreasing spending?
(a)
What fiscal policy wherein the government resorts to increasing spending?
(a)
If the government is to fiscal policy, the (a) is for monetary policy.
Compare and Contrast Monetary and Fiscal Policy. Explain your answer comprehensively and provide necessary examples to enrich the discussion.
How do you feel after taking your last formative for this school year?
