A) Aims to redistribute wealth among citizens B) Emphasizes government interventions in market activities C) Advocates for high levels of government spending D) Focuses on boosting long-term economic growth by increasing the supply of goods and services
A) Income taxes B) Social security payments C) Unemployment benefits D) Tariffs
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 promote consumer choices B) To limit the quantity of a specific imported good C) To encourage domestic production of imports D) To stabilize currency exchange rates
A) To impose trade restrictions for national security reasons B) To eliminate tariffs and reduce trade barriers among participant countries C) To control the exchange rates between participating countries D) To regulate the prices of imported goods
A) To increase government intervention in market activities B) To funnel government subsidies to favored industries C) To control international trade agreements D) To ensure fair competition and prevent anti-competitive practices in markets
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) Government spending. B) Interest rate adjustments. C) Income tax collection. D) Foreign exchange market interventions.
A) Antitrust laws B) Tax incentives for corporations C) Trade embargoes D) Import tariffs
A) Taxation on assets to reduce wealth inequality B) Tax incentives for foreign investors C) Tax deductions for charitable donations 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) Restricting bank lending activities B) Lowering currency exchange rates C) Central bank's purchase of financial assets to increase money supply D) Raising interest rates to control inflation
A) Minimum wage legislation. B) Open market operations. C) Infrastructure spending. D) Social security benefits.
A) Encouraging foreign direct investment B) Supporting international trade organizations C) The use of trade barriers to protect domestic industries from foreign competition D) Promoting free trade agreements |