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Social Studies

12th Grade

Used 4+ times

Monetary and Fiscal Policy
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10 questions

Show all answers

1.

DRAG AND DROP QUESTION

1 min • 1 pt

A general rise in prices and goods and services over a period of time (a)  

Inflation
Deflation
Unemployment
Interest rates

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who controls the monetary policy in the US?

The Federal Reserve

The Government

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In order to control the money supply in the economy, the Federal Reserve will --

Increase government spending

Decrease taxes

Increase or decrease interest rates

Build more highways

4.

DROPDOWN QUESTION

1 min • 1 pt

The federal reserve increases interest rates in order to slow down growth and decrease inflation. The government has implemented (a)  

Contractionary Monetary Policy
Expansionary Monetary Policy

5.

DROPDOWN QUESTION

1 min • 1 pt

The federal reserve decreases interest rates to encourage consumer spending during a recession. The government has implemented (a)  

Expansionary Monetary Policy
Contractionary Monetary Policy

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When inflation is high, the federal reserve may want to control inflation by

Increasing loan rates to discourage people from borrowing money

Decreasing loan rates to encourage people to borrow money

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the goal of monetary policy?

Encourage people to borrow money from the banks

To increase inflation in an economy

To increase government spending in public services

achieve maximum employment and keep inflation in check

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