Which of the following is the government most likely to subsidies ?

Related Mcqs:

1. A way helping depressed regions by having wage subsidies lower business taxes and capital subsidies has been suggested as ?

   A. New classical economists.
   B. Left wing theorists
   C. interventionist policies.
   D. monetarists.

2. A way of helping depressed regions by having wage subsidies lower business taxes and capital subsidies has been suggested as ?

   A. New classical economists
   B. left-wing theorists
   C. interventionist policies
   D. monetarists

3. What is called a group of countries that have removed all tariffs, quotas, and export subsidies on trade among themselves ?

   A. Close-trade zone
   B. Free trade zone
   C. Both of them
   D. None of them

4. From the perspective of the American public as a whole, export subsidies levied by overseas governments on goods sold to the United States ?

   A. help more than they hurt
   B. hurt more then they help
   C. are equivalent to an import quota
   D. are equivalent to an export quota

5. Export subsidies levied by foreign governments on products in which the Pakistan the comparative disadvantage ?

   A. lower the welfare of all Pakistanis
   B. lead to increases in Pakistani consumer surplus
   C. encourage Pakistan’s production of competing goods
   D. encourage Pakistani workers to demand higher wages

6. Policies to reduce unemployment by reducing union power, tax cuts, reductions in unemployment benefit and investment subsidies are examples of ?

   A. Keynesian policies
   B. Supply-side policies
   C. Monetarist Policies
   D. Classical policies

7. Which of the following government policies is least likely to increase likely to increase growth in Africa ?

   A. increase expenditure on public education
   B. eliminate civil war
   C. All of these answers would increase growth
   D. increase restrictions on the importing of American tractors and electronics

8. 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

9. 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

10. If VAT rates rise, then costs are likely to ___ and demand is likely to ____?

    A. rise; rise
    B. rise; fall
    C. fall; fall
    D. fall; rise