
Chapter 15 Notes: Fiscal Policy
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Social Studies
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12th Grade
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Practice Problem
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Medium
Westney Allen
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9 Slides • 7 Questions
1
Chapter 15: Fiscal Policy
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Multiple Choice
Who is responsible for conducting fiscal policy?
The Federal Reserve
Congress and the President
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Fill in the Blanks
How does the government pay for its spending? (Trillions of dollars of spending!)
Type answer...
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Match
Match the following!
Keynesian Economics
What day of the week is today?
Supply-Side Economics
Focus on taxation/government spending
Tuesday!
Focus on increasing production of goods
Focus on taxation/government spending
Tuesday!
Focus on increasing production of goods
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Multiple Choice
According to Keynesian Economics, what was the best way to stimulate economic growth?
Increase aggregate supply
Decrease aggregate supply
Increase consumer spending (aggregate demand)
Decrease consumer spending (aggregate demand)
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Match
Match the following - Keynesian Economics
During a contraction
What month is it?
During the peak (inflation)
Increase government spending
September!
Decrease government spending
Increase government spending
September!
Decrease government spending
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Multiple Choice
When the federal government distributed stimulus checks in during the pandemic in 2020, was that an example of an increase or decrease in government spending?
Increase
Decrease
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Multiple Choice
Which of the following would a "supply-sider" NOT recommend to help businesses to produce more goods?
Deregulation for businesses
Lowering taxes for businesses
Increasing regulations for businesses to follow
Reducing interest rates for business loans
Chapter 15: Fiscal Policy
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