Economic Policy Quiz

What does economic policy refer to?

• Actions the government takes to influence education

• Actions the government takes to influence healthcare

• Actions the government takes to influence social welfare

• Actions the government takes to influence the economy

Which type of policy involves deciding tax rates and spending money?

• Environmental Policy

• Social Policy

• Monetary Policy

• Fiscal Policy

What does the central bank do to influence the economy?

• Set tax rates

• Increase government spending

• Regulate social welfare programs

• Adjust interest rates

What is the main focus of Project Ireland 2040?

• Investing in Ireland's growth

• Lowering tax rates

• Increasing social welfare benefits

• Reducing government spending

Who will benefit from the improvements in transport and infrastructure under Project Ireland 2040?

• Businesses

• Students

• Social welfare recipients

• Consumers

What is the expected increase in population in Ireland by 2040 according to Project Ireland 2040?

• One million people

• Two million people

• 500,000 people

• No change in population

How will Irish households be impacted by Project Ireland 2040?

• No impact on households

• Will have lower tax rates

• Will receive more social welfare benefits

• May face an increase in charges and taxes

What could be a possible consequence for employees due to the funding of Project Ireland 2040?

• Decrease in income taxes

• Increase in social welfare benefits

• No impact on employees

• Increase in income taxes

What is the main focus of the government's economic policy?

• Influencing the economy

• Influencing education

• Influencing healthcare

• Influencing social welfare