Deregulation is the reduction of government’s role in ?

Related Mcqs:

1. Deregulation is the reduction of government’s role in controlling markets. Which of the following is result(s) of deregulation ?

   A. Lead to freer market
   B. Lead to a more efficient marketplace
   C. Both of them
   D. None of them

2. Which of the following statements supports deregulation of industries ?

   A. Technological change has made it possible for many industries to become more competitive
   B. Because few real natural monopolies exist, there is rarely a reason for government regulation.
   C. Many instances of government regulation have succeeded in reducing competition in industries where competition may be beneficial
   D. All of the above

3. Which of the following statements supports deregulation of industries ?

   A. Technological change has made it possible for many industries to become more competitive
   B. Because few real natural monopolies exist there is rarely a reason for government regulation
   C. Many instances of government regulation have succeeded in reducing competition in industries where competition may be beneficial
   D. All of the above

4. What is called when government spending overwhelms government revenue resulting in government borrowing ?

   A. Budget deficit
   B. Deficient financing
   C. Unbalanced spending
   D. Deficit spending

5. The idea the government spending causes a reduction in private investment is called ?

   A. fiscal drag
   B. investment blight
   C. crowding-out
   D. the Thatcher effects

6. Suppose two economists are arguing about policies that deal with unemployment. One economist says. The government could lower unemployment by one percentage point if it would just increase government spending by 50 billion dollars the other economist responds Nonsense and poppycock! If the government spent an additional 50 billion dollars it would reduce unemployment by only one tenth of one percent. and that effect would only be temporary! These economists ?

   A. None of these answers
   B. Disagree because they have different scientific judgments
   C. really don’t disagree at all. It just appears that they disagree
   D. disagree because they have different values

7. What is called the reduction in the rate of a currency

   A. Devolution
   B. Devaluation
   C. Price cap
   D. Cut-rate

8. Which theory of economic management focuses on encouraging product through tax reduction ?

   A. Liberalism
   B. Free market economics
   C. Supply-side economics
   D. Supervised market

9. Reduction in the circulation of money resulting from fall of prices is known as ?

   A. deflation
   B. inflation
   C. cost effective
   D. cost

10. What would reduce the role of central planning in a economy ?

    A. Increasing government spending
    B. Increasing public ownership of firms
    C. Increasing the role of markets
    D. Removing the profit motive