Chapter 1 Intro to Fiscal 3033

Which of the following is NOT a reception-related fiscal instrument?

• Taxes

• Loans

• Transfer fee

• Public company income

Which fiscal instrument involves the government receiving funds from international organizations or other countries?

• Money creation

• Public company income

• International & government grants

• Loan repayment

The government uses fiscal instruments under expenses for the following purpose:

• Buying goods & services

• Receiving taxes

• Generating money creation

• Collecting usage fees

Which fiscal instrument is categorized under expenses and is used to pay back borrowed funds?

• Taxes

• Loan repayment

• Money creation

• Usage fee

The purchase of assets by the government is categorized under:

• Reception

• Expenses

• Taxation

• Grants

Which of the following best describes a usage fee?

• A payment made for using specific government services

• A type of international grant

• A debt repayment method

• The creation of money by the central bank

A government receives a substantial grant from an international organization to improve healthcare facilities. Under which category would this grant fall, and how should it be utilized effectively?

• Reception; for immediate infrastructure development

• Expenses; for public services improvement

• Reception; for debt repayment

• Expenses; for asset purchases

How would public-private partnerships contribute to fiscal instruments under reception and expenses?

• Through taxes and debt repayment

• By generating revenue and improving infrastructure

• By providing international grants

• Through usage fees and money creation

How can money creation in Malaysia contribute to addressing economic crises such as the COVID-19 pandemic?

• By reducing all taxes

• By providing liquidity for fiscal stimulus packages

• By increasing transfer fees

• By minimizing public company income

In Malaysia, which of the following could be a consequence of excessive money creation by the central bank?

• Increased public revenue

• Reduced public debt

• Higher inflation rates

• Enhanced international trade