
Final Review Session
Presentation
•
Social Studies
•
University
•
Practice Problem
•
Easy
Rachel Thurston
Used 3+ times
FREE Resource
2 Slides • 9 Questions
1
Review Session for Final Exam
2
Word Cloud
What topic do you most wish to cover in our final exam review session today?
3
Poll
“The United States should implement a Universal Basic Income program.”
Strongly Agree
Agree Somewhat
Not Sure
Disagree Somewhat
Strongly Disagree
4
5
Poll
“The United States should implement a Universal Basic Income program.”
Strongly Agree
Agree Somewhat
Not Sure
Disagree Somewhat
Strongly Disagree
6
Multiple Choice
The value of 10 surfboards, at the price of $200 each, is
200
2,000
20
1,000
7
Multiple Choice
The value of 10 surfboards, at the price of $250 each, is
250
2,000
2,500
5,000
8
Multiple Choice
The value of 50 umbrellas, at the price of $10 each, is
50
60
200
500
9
Multiple Choice
The value of 50 umbrellas, at the price of $20 each, is
50
100
1,000
5,000
10
Multiple Choice
Suppose that the economy is in a downturn, and the unemployment rate is up. As a consequence, the amount of government spending on unemployment insurance increases. This is an example of
Discretionary fiscal policy
An automatic stabilizer
A tax cut
Expansionary Monetary Policy
11
Multiple Choice
During the Covid pandemic, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act with the goal of providing economic relief in a time of economic stress. Under the act, the IRS issued Economic Impact Payments to households of up to $1,200 per adult for individuals whose income was less than $99,000 (or $198,000 for joint filers) and $500 per child under 17 years old. What type of fiscal policy is this an example of?
Discretionary fiscal policy
An automatic stabilizer
Mandatory Spending
Expansionary Monetary Policy
Review Session for Final Exam
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