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Fiscal Policy Flashcards | StudBud
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Fiscal Policy
Fiscal Policy
20 terms
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StudBud Administration
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6,274 plays
Fiscal Policy Review
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
A expansionary fiscal policy is shown as a:
C
D
B
A
2
Discretionary fiscal policy is so named because it:
D
A
B
C
3
Discretionary fiscal policy will stabilize the economy most when:
D
A
C
B
4
An appropriate fiscal policy for a severe recession is:
A
B
D
C
5
Other things equal which of the policies will have the most expansionary effect on the economy
B
C
D
A
6
Fiscal policy is carried out primarily by:
D
B
C
A
7
Fiscal policy refers to the:
B
C
D
A
8
Expansionary fiscal policy is so named because it:
D
B
A
C
9
Which of the following represents the most contractionary fiscal policy?
A
B
D
C
10
Aggregate demand is excessive causing demand-pull inflation what does the gvt fiscal policy do
A
B
D
C
11
A contractionary fiscal policy is shown as a:
B
A
D
C
12
Which source expansionary if the gvt raises spending during recession to assist the economy
A
B
D
C
13
Contradictory fiscal policy is so named because it:
C
A
D
B
14
The greatest expansionary impact of a budget deficit will occur when the:
B
D
A
C
15
Assume the economy is in recession, which policy would beconsistent with active fiscal policy
D
A
C
B
16
Which of the following represents the most expansionary fiscal policy?
D
B
C
A
17
An appropriate fiscal policy for severe demand-pull inflation is:
A
B
C
D
18
Discretionary fiscal policy refers to:
B
D
A
C
19
In aggregate demand-aggregate supply diagram equal decreases in government spending/taxes will
A
C
D
B
20
The effect of a government surplus on the equilibrium level of GDP is substantially same as
B
C
D
A