A) Emphasizes government interventions in market activities
B) Aims to redistribute wealth among citizens
C) Focuses on boosting long-term economic growth by increasing the supply of goods and services
D) Advocates for high levels of government spending

A) Social security payments
B) Unemployment benefits
C) Tariffs
D) Income taxes

A) It leads to increased demand for exports
B) It has no effect on export levels
C) It decreases the cost of exports and boosts competitiveness
D) It makes exports more expensive and can reduce competitiveness

A) To limit the quantity of a specific imported good
B) To promote consumer choices
C) To stabilize currency exchange rates
D) To encourage domestic production of imports

A) To eliminate tariffs and reduce trade barriers among participant countries
B) To impose trade restrictions for national security reasons
C) To regulate the prices of imported goods
D) To control the exchange rates between participating countries

A) To funnel government subsidies to favored industries
B) To increase government intervention in market activities
C) To control international trade agreements
D) To ensure fair competition and prevent anti-competitive practices in markets

A) To oversee environmental conservation efforts
B) To promote regional economic integration
C) To regulate international trade and resolve trade disputes
D) To enforce domestic tax policies

A) Government spending.
B) Income tax collection.
C) Interest rate adjustments.
D) Foreign exchange market interventions.

A) Antitrust laws
B) Import tariffs
C) Trade embargoes
D) Tax incentives for corporations

A) Tax incentives for foreign investors
B) Tax deductions for charitable donations
C) Taxation on assets to reduce wealth inequality
D) Reducing income tax on high earners

A) A direct relationship – higher unemployment is associated with higher inflation.
B) There is no relationship between inflation and unemployment.
C) Both move in the same direction – higher unemployment leads to lower inflation.
D) An inverse relationship – lower unemployment is associated with higher inflation.

A) Central bank's purchase of financial assets to increase money supply
B) Lowering currency exchange rates
C) Raising interest rates to control inflation
D) Restricting bank lending activities

A) Infrastructure spending.
B) Minimum wage legislation.
C) Open market operations.
D) Social security benefits.

A) The use of trade barriers to protect domestic industries from foreign competition
B) Promoting free trade agreements
C) Encouraging foreign direct investment
D) Supporting international trade organizations