Home > Economics 101 > Quizzes > Fiscal Policy and Stimulus (Crash Course)
Fiscal Policy and Stimulus (Crash Course)
Fast practice, instant feedback. Timer auto-submits when time’s up.
Avg score: 64% • Most missed: “Those who support Keynesian economics, believe crowding out is only a problem if…”
Fiscal Policy and Stimulus (Crash Course)
Time left 00:00
18 Questions

1. Those who support Keynesian economics, believe crowding out is only a problem if what?

2. How can the government help during a recessionary gap?

3. How does increasing government spending help the economy?

4. What is one of the main reasons people are against Keynesian economic policy?

5. What is the main negative of expansionary fiscal policy?

6. What is it called when the GDP is lower than it has the potential to be?

7. What is the fiscal policy where the government increases spending and/or lowers taxes?

8. If the government borrows money, this raises interest rates. Then it's harder for private businesses to borrow money. What is this problem called?

9. What two things can the government adjust to help keep economy on track?

10. The government working to prevent the economy from going too fast or too slow is called what?

11. What is it called when the GDP is higher than the potential GDP that's expected

12. If a country is practicing austerity, what are they doing?

13. What did classical economic theorists believe about fiscal policy?

14. What economist came up with the idea of using expansionary fiscal policy?

15. What is the name of the fiscal policy where the government raises taxes and/or cuts spending?

16. What kind of fiscal policy was the 2009 American Recovery and Reinvestment Act?

17. Why is contractionary fiscal policy not common?

18. Why does cutting taxes often have a low 'multiplier effect'

⚡ Recently practiced quizzes in this topic
Live quiz activity
Microeconomics Final Exam Basics of Economics Practice Test Economics 101 Practice Test: Open-Economy Macroeconomics Economics 101 Practice Test: Saving, Investment, and the Financial System Economics 101 Practice Test: Measuring a Nation's Income Economics 101 Practice Test: Basics of Macroeconomic Policy Economics 101 Practice Test: Theory of the Open Economy Economics 101 Practice Test: The Market Forces of Supply and Demand ECON203 Final Exam - Econometrics Economics 101 Practice Test: The Markets for the Factors of Production
 
❤ If you liked Fatskills, consider supporting us by checking out The Life Manuals You Never Got.

🌈  Our mission is to help improve your scores in any subject and exam withonline quizzes, practice tests, study guides, & advice for students. Since 2018.
About | Explore | User Guide | Topics | Subjects | Doubt Solver | Career Aptitude Test | Answers | Free Tools | OSHA Basics Quiz | What Should We Know?
Privacy | Terms |
Without work one finishes nothing. - Ralph Waldo Emerson
© 2026 Fatskills.com

All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.