Macroeconomics
Assessment
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Social Studies
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12th Grade
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20 plays
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Medium
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28 questions
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1.
MULTIPLE CHOICE
1 min • 1 pt
Which of the following actions might the Federal Reserve take together that will both increase the money supply?
2.
MULTIPLE CHOICE
1 min • 1 pt
The IRS lays off thousands of employees every year after April 15th. This is an example of
3.
MULTIPLE CHOICE
1 min • 1 pt
What can one assume from the following headline: "President and Congress Feud Over Fiscal Policy"?
4.
MULTIPLE CHOICE
1 min • 1 pt
If the government of Sri Lanka spends $13 million more this year than it receives in revenue, what can we say for certainty?
5.
MULTIPLE CHOICE
1 min • 1 pt
Congress approves a budget that allocates spending on defense, education, social programs, etc., but also increases taxes to pay for this. What does this plan define?
6.
MULTIPLE CHOICE
1 min • 1 pt
Which of the following is a monetary policy that might be used to reduce inflation?
7.
MULTIPLE CHOICE
1 min • 1 pt
The consumer price index (CPI) is an indicator of which of the following?
8.
MULTIPLE CHOICE
1 min • 1 pt
Which of the following is one of the tasks conducted by the Federal Reserve System?
9.
MULTIPLE CHOICE
1 min • 1 pt
GDP, CPI, and the unemployment rate are all
10.
MULTIPLE CHOICE
1 min • 1 pt
Due to inflation, the Federal Reserve decides to decrease the money supply. Which of the following will they MOST LIKELY due?
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