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1. the federal gov decides to offset a $50 billion decline in business spending. the gov could spend %50 billion directly on projects, or it could reduce tax rates by the same amount. whether the action taken by the federal gov is direct or indirect the result is most likely
a. a lower federal deficit
b. a higher federal deficit
c. a short-term trigger of unemployment insurance
d. a longer period of decline in bussines spending

2. which of these forms of taxation has been criticized for placing an excessive burden on people with less to pay?
a. luxury taxes
b. regressive taxes
c. progressive taxes
d. inheritance taxes

3. who is responsible for collecting property taxes?
a. state goverments
b. federal gov
c. country gov
d. district gov

4. which of these would the federal reserve consider doing if it wanted to attempt to keep inflation in control?
a. print more money
b. raise interest rates
c. allow more people to borrow more money
d. isolate the country from international trade

5. why would adjusting the money supply be expected to increase economic growth during a recession?
a. increasing the money supply will encourage more saving
b. increased money supply will encourage more spending and investment
c. decreased money supply will encourage more spending and investment
d. recession is caused by too much spending, so money supply must be reduced

6. Carlos is a 7th grader at eckerd middle school. which of these taxes is he most likely to have paid over the past 12 years ?
a. sales tax
b. income tax
c. excise tax
d. payroll tax

7. the federal reserve institutes a tight monetary policy in order to reign in inflation. what us likely consequence of such action?
a. the stock market will crash
b. the unemployment rate will rise
c. the unemployment rate will fall
d. the stock market will experience a boom

8. fearing a recession, the gov decides to hive citizens a tax rebate check to by Christmas gifts. what is a possible outcome of this action?
a. higher rates of inflation
b. lower rates of inflation
c. higher interest rates
d. lower interest rates

9. what does contractionary fiscal policy do to economic growth?
a. it depends
b. increases it
c. decreases it
d. does not affect it

Respuesta :

MissPhiladelphia
1. the federal gov decides to offset a $50 billion decline in business spending. the gov could spend %50 billion directly on projects, or it could reduce tax rates by the same amount. whether the action taken by the federal gov is direct or indirect the result is most likely 

c. a short-term trigger of unemployment insurance 


2. which of these forms of taxation has been criticized for placing an excessive burden on people with less to pay?

c. progressive taxes


3. who is responsible for collecting property taxes?

d. district gov

4. which of these would the federal reserve consider doing if it wanted to attempt to keep inflation in control?

b. raise interest rates


5. why would adjusting the money supply be expected to increase economic growth during a recession?

b. increased money supply will encourage more spending and investment 


6. Carlos is a 7th grader at eckerd middle school. which of these taxes is he most likely to have paid over the past 12 years ?

a. sales tax


7. the federal reserve institutes a tight monetary policy in order to reign in inflation. what us likely consequence of such action?

a. the stock market will crash

8. fearing a recession, the gov decides to hive citizens a tax rebate check to by Christmas gifts. what is a possible outcome of this action?

b. lower rates of inflation

9. what does contractionary fiscal policy do to economic growth?

d. does not affect it 

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