Fiscal Policy Quiz

by: BowieSalvatore

5/17/2012

To test your understand of the topic

  1. 1)

    Why does fiscal policy cause a change in the AD curve?

  2. 2)

    What is true about Discretionary Fiscal Policy?

  3. 3)

    When fiscal policy is effective in eliminating a contractionary gap, it

  4. 4)

    At any given price level (ceteris paribus), an increase in government purchase or transfer payments is most likely to decrease:

  5. 5)

    When there is a contractionary gap, effective fiscal policy might be to

Created by BowieSalvatore

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BowieSalvatore
27, Male
SINGAPORE, SINGAPORE, SG

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