Ch 63: HiSET: Economic & Fiscal Policy of American Government

About This Chapter

These bite-sized video lessons break down American economic and fiscal policy to help you prepare for the economics questions on the Social Studies HiSET. If you need any help with the material, reach out to our instructors for assistance.

HiSET: Economic & Fiscal Policy of American Government - Chapter Summary

Economic and fiscal policy can be daunting, but these short, engaging video lessons make it easy to study the concepts and prepare for the economics questions you'll encounter on the HiSET Social Studies test. This chapter covers:

  • Economic performance of the business cycle over time
  • Effects of fiscal and monetary policy on the economy
  • The Federal Reserve System

Use the video transcripts to track down key terms and the lesson quizzes to practice using the economic concepts presented in this chapter. Each video can be viewed in about 5-10 minutes, making it easy to fit these lessons into your schedule.

Objectives of the HiSET: Economic & Fiscal Policy of American Government Chapter

The Social Studies HiSET is a 70-minute subtest of the HiSET high school equivalency exam. It includes 50 questions. Roughly nine of those questions cover the subject of economics, and the lessons in this chapter help you prepare for the economic policy topics you're likely to find. Other questions cover geography (about 3), history (about 19), and civics and government (about 19).

The multiple-choice quizzes in this chapter are styled after HiSET questions to let you practice completing HiSET-style tasks before your test date. You can take the quizzes as many times as you like and use them to practice setting your pace for the exam.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

Earning College Credit

Did you know… We have over 200 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.

To learn more, visit our Earning Credit Page

Transferring credit to the school of your choice

Not sure what college you want to attend yet? has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.

Other Chapters

Other chapters within the HiSET Social Studies: Prep and Practice course