KTCC

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University

10 Qs

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KTCC

KTCC

Assessment

Quiz

Other

University

Practice Problem

Easy

Created by

Nguyen Giang

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the private goods market, the market demand curve is determined by:

A. Vertical addition of individual demand curves

B. Horizontal addition of individual demand curves

C. Averaging individual demand curves

D. Subtracting supply from individual demand

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

For pure public goods, the principle of vertical addition is used to determine:

A. Supply curve

B. Total government spending

C. Social demand curve

D. Optimal tax rate

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Bowen-Lindahl-Samuelson condition states that public spending is optimal when:

A. MRT = MRS of each individual

B. MRT = sum of individual MRSs

C. MRT = average cost

D. MRS = total marginal cost

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Public expenditure can address market failures through:

A. Investment in infrastructure, healthcare, and education

B. Reducing defense spending

C. Supporting export enterprises

D. Lowering personal income tax

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The income effect of public expenditure is reflected in:

A. Increasing money supply

B. Altering income distribution by supporting vulnerable groups

C. Increasing unemployment

D. Lowering exchange rates

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Public expenditure efficiency decreases when:

A. The share of pure public goods increases

B. Government invests in technology

C. The share of impure public goods increases

D. Tax rates decrease

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the principle of fiscal decentralization, local public goods should be provided by:

A. Central government

B. Private sector

C. Local government

D. State-owned enterprises

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