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

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

A) It leads to increased demand for exports
B) It decreases the cost of exports and boosts competitiveness
C) It has no effect on export levels
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 regulate the prices of imported goods
C) To impose trade restrictions for national security reasons
D) To control the exchange rates between participating countries

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

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

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

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

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

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

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

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

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