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12thgrade

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Fiscal Policy

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  • 1. Multiple Choice
    30 seconds
    1 pt
    Which of the following are responsible for making fiscal policy decision? 
    The President and Congress
    The Federal Reserve System
    The National Council of Economic Advisors
    The commerce Department
  • 2. Multiple Choice
    30 seconds
    1 pt
    What term is used to describe an increase in the general price level?
    Deflation
    Monetary policy
    Stagnation
    Inflation
  • 3. Multiple Choice
    30 seconds
    1 pt
    Taxing & spending to help the economy grow is referred to as
    expansionary policy
    monetary policy
    contractionary policy
    budget deficit
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