GOVERNMENT TOLES 1
Authored by IFUNANYA ANIH
Financial Education
12th Grade
Used 2+ times
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Imposing a maximum price for a good is an example of which type of government policy?fiscalfiscalfiscal
fiscal
monetary
regulation
supply-side
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an example of a macroeconomic indicator?
agricultural prices
average earnings in the secondary sector
total costs of German pharmaceutical firms
real Gross Domestic Product (real GDP)
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which combination of characteristics describes a public good?
excludable and rival in consumption
non-excludable and non-rival in consumption
A excludable and non-rival in consumption
non-excludable and rival in consumption
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a macroeconomic aim of a government?
balance of payments stability
deflation
income inequality
unemployment
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A government wishes to stimulate economic recovery. Which action will assist this?
decreasing government investment
decreasing income tax
increasing indirect taxation
increasing interest rates
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