Economic Policy Test Questions With
Verified Answers
Public policy can be best defined as - Ans -not: a decision made by all registered
voters to change a government program.
The graph shows the number of employed workers in the United States in nonfarm jobs
from 2008 to 2013.
What course of action might a government take to respond to the downturn revealed in this
graph? - Ans -decrease taxes to increase consumer spending
A government's monetary policy is its plan to control - Ans -the money supply.
The diagram shows a challenge for government policy-makers.
Which of these statements describes what the diagram is showing? - Ans -Economic
policy must reach a balance between needs and ideals.
The graph shows the number of employed workers in the United States in nonfarm jobs
from 2008 to 2013.
1
Page
Verified Answers
Public policy can be best defined as - Ans -not: a decision made by all registered
voters to change a government program.
The graph shows the number of employed workers in the United States in nonfarm jobs
from 2008 to 2013.
What course of action might a government take to respond to the downturn revealed in this
graph? - Ans -decrease taxes to increase consumer spending
A government's monetary policy is its plan to control - Ans -the money supply.
The diagram shows a challenge for government policy-makers.
Which of these statements describes what the diagram is showing? - Ans -Economic
policy must reach a balance between needs and ideals.
The graph shows the number of employed workers in the United States in nonfarm jobs
from 2008 to 2013.
1
Page
