Classic Classic Quiz Unit Four - Government Policy and the Economy by MidnightHorror MidnightHorror 14 played - 12 yrs ago A quiz for government policy and the economy QUIZ 7 QUESTIONS hard Economy 1 Which of these is not a responsibility of the state government? Enforce lawsFund public educationPolice protection 2 When talking about the current national budget, which of the following is true? There is a deficit.There is a surplus.There is a balance of money. 3 Which of the following is an example of a progressive tax? Federal Income TaxSocial Security over $110, 000 incomeState tax 4 Who came up with the idea of fiscal policy and the multiplier effect? George WashingtonJohn Maynard KeynesEdward Fiscal 5 Which of the following deals with reducing government spending and increasing taxes to stabilize the economy? Contractionary Fiscal PolicyMonetary PolicyExpansionary Fiscal Policy 6 What kind of money is the US currency? Commodity moneyCommodity backed moneyFiat money 7 What is the FED? A member of the police forceFederal reserve bankFederal express A mistake in this Quiz ? Contact the author Commentaires
