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Economic Growth, Productivity & Policy

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Who sets fiscal policy?

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1. Who sets monetary policy?

2. What happens when there is too much economic growth?

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About This Quiz & Worksheet

The relationship between economic growth, productivity, and policies can be difficult to grasp, so use the quiz and worksheet duo to check your knowledge of these ideas. Some quiz questions ask you to correctly identify key economic decision makers.

Quiz & Worksheet Goals

In the quiz, you will be tested on:

  • Entities responsible for creating fiscal and monetary policy
  • An example of increased productivity
  • Result of too much economic growth

Skills Practiced

Complete the quiz and worksheet to perfect these skill sets:

  • Reading comprehension - ensure that you draw the most important information about economic growth, productivity and policy from the related lesson
  • Making connections - use your knowledge of economic growth to recognize an example of increased productivity
  • Interpreting information - verify that you can read information regarding an important event that leads to economic growth and interpret it correctly
  • Information recall - access the knowledge you have gained about the parties responsible for economic policy-making

Additional Learning

Learn more by checking out the accompanying lesson entitled Economic Growth, Productivity, & Policy. You will find these objectives included in the lesson:

  • Differentiate between economic growth and economic productivity
  • Understand the relationship between taxes/spending and economic growth
  • Learn the cyclical nature of economic growth
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