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WorksheetsFiscal Policy B
Total questions: 10
Worksheet time: 14mins
Categorize
lowering taxes
Raising taxes
More government spending
Less government spending
Match the following
People have more money and spend more
Lower taxes
People have less money and spend less
Higher taxes
Consumer Price Index
CPI
Gross Domestic Product
GDP
Categorize
Unemployment goes down
Unemployment goes up
GDP goes up
GDP goes down
Select the 2 tools a government can use to manage the economy
Elections
Taxes
Wait for things to fix themselves
government spending
During a recession, a government should (a) so people have (b) to spend.
Why does unemployment go down when a government spends more?
Because the government uses the extra money to create more jobs
Everybody gets fired
There are fewer jobs because the government is spending less money.
Unemployment actually goes up because more jobs are available.
Unemployment is
The number of people who need a job but can't get a job
the best sign of a booming economy
the creation of more jobs
High unemployment is (a) and low unemployment is (b)
(a) is the process used by a government to manage the economy.
The policy used by a government to manage the economy.
Fiscal policy
In School Suspension
Diplomacy
