
Eco 8.1
Quiz
•
Other
•
12th Grade
•
Practice Problem
•
Easy
Kwity Vira
Used 1+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does public finance explain?
How banks give loans
How individuals save money
Govt role in economy
How private companies make profits
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is an example of an optional function?
Maintaining police and army
Running hospitals and schools
Creating a legal system
Protecting borders
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which has higher creditworthiness in the market?
Public Finance
Private Finance
Both
None
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which finance is more flexible and can be adjusted as needed?
Public finance
Private finance
idk
I wasn't attentive
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What kind of functions do modern governments perform?
Obligatory
Optional
Both
None
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What policy did most governments follow before the 20th century?
Socialism
Communism
Capitalism
Laissez-faire
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of Revenue Expenditure?
Salaries of government employees
Loans to state governments
Building roads
Investment in Research and Development (R&D)
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