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Fiscal Policy
Monetary
Policy
Economic
Performance
Economic
Indicators
Bill of Rights
100
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200
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400
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500
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500
-Name the term describing
how the government taxes
and spends its revenue?
Row 1---100 Question
-fiscal policy
Row 1---100 Answer
-What should be the effect on
the economy if the government
increases its spending?
Row 1---200 Question
-economy increases
Row 1---200 Answer
-What effect on the economy
occurs if the government
decreases taxes?
Row 1---300 Question
-economy increases
Row 1---300 Answer
-Keynesian economics states
that governments should
_____________ spending
during a recession.
Row 1---400 Question
-increase
Row 1---400 Answer
-What term is used to
describe gov’t effort to
increase the economy with tax
decreases?
Row 1---500 Question
-supply side
economics / trickle
down economics
Row 1---500 Answer
-What part of the government
is responsible for controlling
the money supply?
Row 2---100 Question
-Federal Reserve
Row 2---100 Answer
-Name this method of
regulating the money supply-allowing less money to be
created within the economy--usually through higher interest
rates?
Row 2---200 Question
-tight money policy
Row 2---200 Answer
-Name this method of
regulating the money supply-allowing more money to be
created within the economy—
usually through lower interest
rates?
Row 2---300 Question
-loose / easy money
policy
Row 2---300 Answer
--This is the idea of the
government regulating the
amount of money in circulation?
Row 2---400 Question
-monetary policy
Row 2---400 Answer
-The government also controls
the money supply by buying or
selling these to consumers?
Row 2---500 Question
-Savings Bonds
Row 2---500 Answer
-This is a term for the cyclical
ups and downs of the
economy?
Row 3---100 Question
-business cycle
Row 3---100 Answer
-This is the phase where the
economy is growing?
Row 3---200 Question
-expansion
Row 3---200 Answer
-This is the phase where the
economy has reached its
highest point?
Row 3---300 Question
-peak
Row 3---300 Answer
-This is the phase where the
economy is beginning to
decrease?
Row 3---400 Question
-contraction
Row 3---400 Answer
-This is the phase where the
economy has reached its
lowest point?
Row 3---500 Question
-trough
Row 3---500 Answer
-This is the term for an
economy that has been in a low
point for an extended period
of time?
Row 4---100 Question
-recession /
depression
Row 4---100 Answer
-This is a measure of how well
a person lives?
Row 4---200 Question
-Standard of Living
Row 4---200 Answer
-What is the value of all the
goods and services produced in
the nation each year?
Row 4---300 Question
-GDP
Row 4---300 Answer
-Term for the general rise in
the value of goods and
services—rise in inflation
caused value of money to
decrease?
Row 4---400 Question
-Inflation
Row 4---400 Answer
-This is a survey of many goods
and services that are
compared to the same goods
and services over time to
measure the increase or
decrease in prices?
Row 4---500 Question
-Consumer Price
Index
Row 4---500 Answer
-List all five parts of the 1st
Amendment?
Row 5---100 Question
-speech, press,
religion, assembly,
petition
Row 5---100 Answer
-What right does the 2nd
protect?
Row 5---200 Question
-bear arms
Row 5---200 Answer
-The 5th describes this power
of the government to take land
from citizens when needed for
public benefit as long as the
citizen is compensated.
Row 5---300 Question
-eminent domain
Row 5---300 Answer
-The 5th details this type of
jury that determines whether
there is enough evidence in a
case to formally charge (indict)
someone with the crime.
Row 5---400 Question
-grand jury
Row 5---400 Answer
-Who does the 10th
Amendment give all remaining
power?
Row 5---500 Question
-states or the people
Row 5---500 Answer