A. fiscal policies
B. monetary policies
C. supply-side policies
incomes policies
Related Mcqs:
- Government policies that focus on changing taxes and government spending are called ?
A. fiscal policies
B. incomes policies
C. supply-side policies
D. monetary policies - Government policies that focus on changing interest rates are called ?
A. fiscal policies
B. monetary policies
C. supply-side policies
D. incomes policies - 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 - A comparison of Japan’s policies before 1945 with the policies in effect after 1945 indicates that______________?
A. reduction in spending on military goods leads to economic depression
B. dependence on foreign trade usually leads to a weakened national economy
C. territorial aggression is not necessary to secure national economic goals
D. democratic institution hinder economic growth - Interventionist policies to restore regional imbalance focus on ?
A. subsidies to encourage firms that moves
B. tax concessions for firms that move.
C. improved infrastructure
D. all of the above - The demand for ice-cream is lower outside of summer causing lower demand for ice-cream salesman if they cannot find other work, this is called _______ unemployment?
A. Regional
B. structural
C. seasonal
D. demand-deficient - A group of modern economists who believe that institutional factors and confidence strongly influence business behaviour and that expanding demand will usually increase output rather than prices are the ?
A. monetarists.
B. keynesians
C. post-keynesians
D. new classical school - _________ policies attempt to foster industrialization by establishing high barriers to imports of foreign goods to promote local production ?
A. absolute advantage
B. comparative advantage
C. export-led growth
D. import substitution - When supply exceeds demand, sellers must lower prices to stimulate sales, when demand exceeds supply, prices increase as buyers compete to buy goods. What this theory is called in economics?
A. Cost push theory
B. Supply and Demand theory
C. Fundamental theory
D. Ricardo’s theory - Less demand in the economy may increase unemployment; this may lead to less spending which may reduce demand further. This is called ?
A. The upward accelerator
B. The downward multiplier
C. The upward PPF
D. The downward mpc
