Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
Fiscal Policy
Test Description: Fiscal Policy
Instructions: Answer all questions to get your test result.
1) Which of the following describes a loose or expansionary economy?
A
Intergovernmental Revenue
B
Entitlements
C
Supply Side Economics
D
When spending is higher than revenue (recesson)
2) Which of the following describes a tight or contractionary economy?
A
Intergovernmental Revenue
B
Entitlements
C
When revenue is higher than spending
D
Supply Side Economics
3) Which of the follow are the top 3 taxes for the Federal level?
A
None of the above
B
Intergovernmental Revenue, Sales tax, state income (not in TX)
C
Intergovernmental Revenue, Property tax, Other tax
D
Income tax, FICA, Corporate tax
4) What is an example of Pure Competition?
A
Cereal- Kellogg's,General Mills,Post, ect.
B
Fruits, veggies, grains, eggs
C
Pens
D
None of the above
5) What is an example of Oligopoly?
A
None of the above
B
Fruits, veggies, grains, eggs
C
Pens
D
Cereal- Kellogg's,General Mills,Post, ect.
6) Which ammendment gives Congress the power to tax?
A
4th
B
9th
C
16th
D
8th
7) What does Supply Side Economics mean?
A
Decreasing taxes and spending especially entitlements. Less Government
B
All of the above
C
Limited resources, Unlimited wants
D
Price Stability
8) What is Intergovernmental Revenue?
A
Governments policy of tax and spending to influence the business cycle
B
Funds collected from one level of gov that are then distributed to another level
C
taxes influence whether producers and consumers spend or save
D
a phase in the business cycle
9) What is a sin tax?
A
Transfer Payments
B
Oligopoly
C
Change Behavior
D
Entitlements
10) What are the different market types?
A
Natural, Georaphic, Technological, and Government monopolies
B
Oligopoly
C
laissez-faire
D
Pure Competition, Monopolistic Competition,Oligopoly, and Monopoly
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?