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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is fiscal policy?
💡 Hint: Think about how the government can manage economic health.
Question 2
Easy
What are the two main instruments of fiscal policy?
💡 Hint: Consider what tools the government has at its disposal.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What does fiscal policy primarily involve?
- Taxation only
- Government expenditure only
- Both taxation and government expenditure
💡 Hint: Remember that fiscal policy includes both aspects.
Question 2
True or False: Expansionary fiscal policy is used to control inflation.
- True
- False
💡 Hint: Think about what happens when the economy is growing.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Design a fiscal policy plan for a country facing high unemployment. What instrument would you use and why?
💡 Hint: Consider how spending can directly impact job creation.
Question 2
Evaluate the impact of a sudden contractionary fiscal policy in a country experiencing a boom. What might be the effects?
💡 Hint: Think about the consequences of cutting back in a thriving economy.
Challenge and get performance evaluation