APE 30-The Tools of Fiscal Policy
Sign in to Google to save your progress. Learn more
First name *
Last name *
Class Period *
Part A:   Decide whether each of the following fiscal policies of the federal government is expansionary or contractionary. Write expansionary or contractionary, and explain the reasons for your choice.
1.a. The government cuts business and personal income taxes and increases its own spending *
1 point
1.b. Explain the reasons for the choice above *
2.a.  The government increases the personal income tax, Social Security tax and corporate income tax. Government spending stays the same. *
1 point
2.b. Explain the reasons for the choice above. *
3.a. Government spending goes up while taxes remain the same *
1 point
3.b. Explain the reasons for the choice above. *
4.a. The government reduces the wages of its employees while raising taxes on consumers and businesses. Other government spending remains the same. *
1 point
4.b. Explain the reasons for the choice above. *
Part B:  Effects of Fiscal Policy   Test your understanding of fiscal policy by completing the table in Figure 30.1. Your choices for each situation must be consistent — that is, you should choose either an expansionary or contractionary fiscal policy
 1. National unemployment rate rises to 12 percent *
What will you do and what will be the result (Choose five of the following)
2 points
Required
 2. Inflation is strong at a rate of 14 percent per year *
What will you do and what will be the result (Choose five of the following)
2 points
Required
 3. Surveys show consumers are losing confidence in the economy, retail sales are weak and business inventories are increasing rapidly *
What will you do and what will be the result (Choose five of the following)
2 points
Required
  4. Business sales and investment are expanding rapidly, and economists think strong inflation lies ahead *
What will you do and what will be the result (Choose five of the following)
2 points
Required
 5. Inflation persists while unemployment stays high   *
What will you do and what will be the result (Choose five of the following)
2 points
Required
Submit
Clear form
Never submit passwords through Google Forms.
This form was created inside of Township High School District 214.

Does this form look suspicious? Report

Google Forms