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

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

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

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

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

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

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

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

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

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

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

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

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

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