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Chapter 6 Fiscal Policy

Chapter 6 Fiscal Policy

Assessment

Interactive Video

Other

9th - 12th Grade

Medium

Created by

EconSuperstar's Channel

Used 7+ times

FREE Resource

23 questions

Show all answers

1.

SLIDE QUESTION

30 sec • Ungraded

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Which best describes Gross Domestic Product (GDP)?

market value of all final goods produced in a period (usually yearly), an international recognised measure of national income

market value of all final services produced in a period (usually yearly), an international recognised measure of national income

market value of all final goods and services produced in a period (usually yearly), an international recognised measure of national income

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Aggregate demand is used to measure GDP?

True

False

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Aggregate demand is the sum of all demand in a given period coming from...

Domestic Consumers, Domestic Firms, Local Government

Domestic Consumers, Domestic Firms, The Local Government, and Foreign Buyers

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

Local governments can control GDP growth the most by adjusting spending of which party?

Domestic Consumers

Domestic Firms

The Local Government

Foreign Buyers

6.

MULTIPLE SELECT QUESTION

5 mins • 1 pt

Media Image

Local governments can indirectly control spending which controls GDP growth through adjusting taxation for which parties?

Domestic Consumers

Domestic Firms

The Local Government

Foreign Buyers

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Indirect taxes are imposed on---------- whereas direct taxes are imposed on---------

Income (Lohn), Spending

Spending, Income (Lohn)

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