Macroeconomics - Chapter V (Fiscal and Monetary Policy)

Macroeconomics - Chapter V (Fiscal and Monetary Policy)

University

10 Qs

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Macroeconomics - Chapter V (Fiscal and Monetary Policy)

Macroeconomics - Chapter V (Fiscal and Monetary Policy)

Assessment

Quiz

Social Studies

University

Practice Problem

Hard

Created by

Abdulmajeed Kadooran

Used 15+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Actions which are designed to influence the economic activities by controlling aggregate demand and money supply in the economy is known as __________.

Economic policy

Monetary policy

Fiscal policy

Socio-economic policy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not an objective of economic policy?

Economic growth

Full employment

Price stability

Political instability

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fiscal policy is the policy of __________.

Central bank

Government

Commercial bank

All of these

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is not a tool of fiscal policy?

Government expenditure

Government borrowing

Bank rate

Tax

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Expansionary policies are designed to control __________.

Inflation

Deflation

Inflation and deflation

All of these

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Recommend the fiscal tool to control deflation.

Increase the rate of interest

Decrease the rate of interest

Increase the tax

Decrease the tax

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Monetary policy control inflation and deflation by controlling ___________.

Aggregate demand

Aggregate supply

Money supply

Tax

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