Fiscal policy is the policy influencing government expenditure and revenue. Taxes form a major part of it. Play this informative MCQ based quiz and see how well you know the concepts. The quiz will certainly help you in acing your economics exams. The quiz contains questions that are wide-ranging and conceptually based. The quiz is aimed at enhancing your understanding of the topic. Once you take this quiz, you will be able to tackle all questions related to this topic in any exam. All the best!
The United States Treasury
The Federal Deposit Insurance Corporation
The Federal Reserve System
The Comptroller of the Currency
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Contractionary policy
Fiscal policy
Monetary Policy
Expansionary policy
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Expansionary Policy
Fiscal policy
Contractionary policy
Monetary policy
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Money supply increases; aggregate demand decreases
Money supply increases; aggregate demand increases
Money supply decreases; aggregate demand increases
Money supply decreases; aggregate demand decreases
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Raising the discount rate.
Buying government bonds.
Lowering the reserve requirement.
Raising personal income tax rates.
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Durable
Becomes too portabale
It becomes too plentiful
Is divisible
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Microeconomics, Macroeconomics, Individual, and Traditional.
Traditional, Command, Combined, & Market
Communism, Capitalism, Free Market, and Macroeconomics
Traditional, Command, Mixed, & Market
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Raise the discount rate
Buy bonds
Sell bonds
Raise the reserve requirement
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Federal fund rate
Discount rate
Reserve ratio
Prime rate
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