2. 200 400 500 100 200 300 400 500 100 200 300 400 500 100 200 300 400 500 100 200 300 400 500 100 300 Fiscal Policy Monetary Policy Economic Performance Bill of Rights Economic Indicators

3. -Name the term describing how the government taxes and spends its revenue? Row 1---100 Question

4. -fiscal policy Row 1---100 Answer

5. -What should be the effect on the economy if the government increases its spending? Row 1---200 Question

6. -economy increases Row 1---200 Answer

7. -What effect on the economy occurs if the government decreases taxes? Row 1---300 Question

8. -economy increases Row 1---300 Answer

9. -Keynesian economics states that governments should _____________ spending during a recession. Row 1---400 Question

10. -increase Row 1---400 Answer

11. -What term is used to describe gov’t effort to increase the economy with tax decreases? Row 1---500 Question

12. -supply side economics / trickle down economics Row 1---500 Answer

13. -What part of the government is responsible for controlling the money supply? Row 2---100 Question

14. -Federal Reserve Row 2---100 Answer

15. -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

16. -tight money policy Row 2---200 Answer

17. Row 2---300 Question -Name this method of regulating the money supply-- allowing more money to be created within the economy— usually through lower interest rates?

18. -loose / easy money policy Row 2---300 Answer

19. Row 2---400 Question --This is the idea of the government regulating the amount of money in circulation?

20. -monetary policy Row 2---400 Answer

21. -The government also controls the money supply by buying or selling these to consumers? Row 2---500 Question

22. -Savings Bonds Row 2---500 Answer

23. -This is a term for the cyclical ups and downs of the economy? Row 3---100 Question

24. -business cycle Row 3---100 Answer

25. -This is the phase where the economy is growing? Row 3---200 Question

26. -expansion Row 3---200 Answer

27. -This is the phase where the economy has reached its highest point? Row 3---300 Question

28. -peak Row 3---300 Answer

29. -This is the phase where the economy is beginning to decrease? Row 3---400 Question

30. -contraction Row 3---400 Answer

31. -This is the phase where the economy has reached its lowest point? Row 3---500 Question

32. -trough Row 3---500 Answer

33. -This is the term for an economy that has been in a low point for an extended period of time? Row 4---100 Question

34. -recession / depression Row 4---100 Answer

35. -This is a measure of how well a person lives? Row 4---200 Question

36. -Standard of Living Row 4---200 Answer

37. -What is the value of all the goods and services produced in the nation each year? Row 4---300 Question

38. -GDP Row 4---300 Answer

39. -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

40. -Inflation Row 4---400 Answer

41. -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

42. -Consumer Price Index Row 4---500 Answer

43. -List all five parts of the 1st Amendment? Row 5---100 Question

44. -speech, press, religion, assembly, petition Row 5---100 Answer

45. -What right does the 2nd protect? Row 5---200 Question

46. -bear arms Row 5---200 Answer

47. -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

48. -eminent domain Row 5---300 Answer

49. -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

50. -grand jury Row 5---400 Answer

51. -Who does the 10th Amendment give all remaining power? Row 5---500 Question

52. -states or the people Row 5---500 Answer