A. stimulus spending to increase inflation
B. deficit reduction to increase economic growth
C. deficit spending to stimulate the economy
D. fiscal restraint to bring down inflation
Related Mcqs:
- In 1947 ‘Marshall Plan’, a European recovery programme, was announced by US Security of State, George Marshall aimed at providing economic assistance to the European nations in order to help these nations from the post-war shattered economics. Chief interest of USA was to:
A. to increase influence of USA, in Europe
B. check influence of Communist USSR, in Europe
C. to increase influence of USA, in Asia
D. check influence of Communist China, in Europe - After World War II, a third form of dependency became more common in less-developed countries: penetration of national economics by:
A. cartels
B. MNCs
C. IGOs
D. the WTO - What are open-border transaction?
A. Transactions where anything goes
B. Transactions where global trade and finance replace global trade and finance
C. Transactions where international trade and finance replace global trade and finance
D. Protectionist transactions - What are transborder transactions?
A. Transactions that occur through the web
B. Transactions that occur across open borders
C. Transaction that occur globally across widely dispersed locations
D. All of the above - Apart from the WTO, most international trade is governed by more specific international agreements: bilateral trade agreements and:
A. global trade agreements
B. reciprocity
C. regional trade agreements
D. interdependence - __________ involves tangible goods such cannot be traded and moved freely like paper investments.
A. Portfolio investment
B. Fiduciary investment
C. Foreign direct investment
D. Currency investment - Which of these groups welcomes the free trade that comes with globalization?
A. workers in industrialized countries
B. human rights NGOs
C. environmental groups
D. None of the answers is correct - Foreign investments in and by a country are referred to as:
A. government transactions
B. the capital account
C. capital flows
D. the current account - Currently, national currencies are valued against:
A. gold prices
B. the euro
C. silver prices
D. each other - In a centrally planned economy,
A. business leaders set production quotas and report them to government, which holds them accountable
B. government officials set prices
C. supply and demand are key indicators of prices and production levels
D. all of these are the case: government officials set prices; business leaders set production quotes and report them to government; and supply and demand are key indicators of prices and production levels
