public finance intro

1–The roles of government are ..............

• •to correct market failure

• Solving economic problems

• •to raise funds and provide basic public goods

• all of the above

2- Public finance literature is explicitly normative.

• true

• false

3- public economics study all answers except

• taxation

• public goods

• public education

• private pensation

4- monetary policy means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy.

• true

• false

5- in fiscal policy ..........

• set by central bank

• target inflation

• side effect on government budget

• change in money supply

6- mostly independent from the political process .......

• fiscal policy

• public economics

• public finance

• monetary policy

7- –The ideal fiscal policy is to find a balance between tax rates and public spending.

• true

• false

8- By using a mix of monetary and fiscal policies governments can control economic phenomena

• true

• false

9- •Public finance can be defined as the study of government activities, which may include spending, deficits and taxation.

• true

• false

10- public finance try to Solving economic problems such as :

• inflation

• unemployment

• all of the above

• non of the above