MacroEconomics Unit2A
Authored by Vince Beasley
Social Studies
10th - 12th Grade
Used 5+ times
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50 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
The Federal Reserve Bank ("The Fed") is a system of 12 regional banks which helps determine monetary policy and banking regulation.
True
False
2.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
The Fed can ___________ interest rates to help stop inflation
even out
raise
decrease
both increase and decrease
3.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
Raising or lower the ____________ _____________, or how much cash a bank has to keep on hand, is a tool of monetary policy.
open market operation
discount rate
reserve requirement
dunkin' donuts
4.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
Which is the largest component of government receipts (income)?
corporate taxes
excise taxes
personal income taxes
fuel taxes
5.
MULTIPLE CHOICE QUESTION
2 mins • 5 pts
Important state and local spending items include:
highways; public schools
public safety; traffic cones
crosswalks; public libraries
donut shoppes and grass mowing
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
This refers to the purchase of goods and services by individuals or households.
Investment
Export
Import
Consumption
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
In order to help the economy grow, the federal or state government can
increase spending
decrease spending
lower taxes
raise taxes
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