A) Focuses on boosting long-term economic growth by increasing the supply of goods and services B) Emphasizes government interventions in market activities C) Aims to redistribute wealth among citizens D) Advocates for high levels of government spending
A) Income taxes B) Unemployment benefits C) Tariffs D) Social security payments
A) It makes exports more expensive and can reduce competitiveness B) It decreases the cost of exports and boosts competitiveness C) It has no effect on export levels D) It leads to increased demand for exports
A) To encourage domestic production of imports B) To limit the quantity of a specific imported good C) To stabilize currency exchange rates D) To promote consumer choices
A) To regulate the prices of imported goods B) To impose trade restrictions for national security reasons C) To eliminate tariffs and reduce trade barriers among participant countries D) To control the exchange rates between participating countries
A) To increase government intervention in market activities B) To control international trade agreements C) To ensure fair competition and prevent anti-competitive practices in markets D) To funnel government subsidies to favored industries
A) To enforce domestic tax policies B) To promote regional economic integration C) To oversee environmental conservation efforts D) To regulate international trade and resolve trade disputes
A) Interest rate adjustments. B) Government spending. C) Foreign exchange market interventions. D) Income tax collection.
A) Tax incentives for corporations B) Trade embargoes C) Import tariffs D) Antitrust laws
A) Tax incentives for foreign investors B) Taxation on assets to reduce wealth inequality C) Reducing income tax on high earners D) Tax deductions for charitable donations
A) A direct relationship – higher unemployment is associated with higher inflation. B) An inverse relationship – lower unemployment is associated with higher inflation. C) Both move in the same direction – higher unemployment leads to lower inflation. D) There is no relationship between inflation and unemployment.
A) Restricting bank lending activities B) Central bank's purchase of financial assets to increase money supply C) Lowering currency exchange rates D) Raising interest rates to control inflation
A) Infrastructure spending. B) Social security benefits. C) Open market operations. D) Minimum wage legislation.
A) Promoting free trade agreements B) Encouraging foreign direct investment C) The use of trade barriers to protect domestic industries from foreign competition D) Supporting international trade organizations |