Which economic policy aims to control inflation by adjusting interest rates and money supply?
a) Fiscal Policy
b) Monetary Policy
c) Supply-Side Policy
d) Trade Policy
Answer: b) Monetary Policy
What is the term for the policy that aims to promote economic growth by focusing on increasing production capacity?
a) Demand-Side Policy
b) Fiscal Policy
c) Supply-Side Policy
d) Trade Policy
Answer: c) Supply-Side Policy
Which policy involves government spending and taxation to influence the economy?
a) Fiscal Policy
b) Monetary Policy
c) Supply-Side Policy
d) Trade Policy
Answer: a) Fiscal Policy
What is the main goal of an expansionary fiscal policy?
a) Reduce government spending
b) Increase taxes
c) Reduce budget deficit
d) Stimulate economic growth
Answer: d) Stimulate economic growth
Which policy involves encouraging exports and controlling imports to improve a country’s trade balance?
a) Fiscal Policy
b) Monetary Policy
c) Supply-Side Policy
d) Trade Policy
Answer: d) Trade Policy
What is the term for a tax levied on the value added at each stage of production?
a) Income Tax
b) Corporate Tax
c) Value Added Tax (VAT)
d) Capital Gains Tax
Answer: c) Value Added Tax (VAT)
Which policy involves lowering interest rates and increasing money supply to boost economic activity?
a) Expansionary Monetary Policy
b) Contractionary Monetary Policy
c) Neutral Monetary Policy
d) Conservative Monetary Policy
Answer: a) Expansionary Monetary Policy
What is the term for the policy that aims to reduce income inequality through taxation and social welfare programs?
a) Austerity Policy
b) Income Redistribution Policy
c) Supply-Side Policy
d) Trade Policy
Answer: b) Income Redistribution Policy
Which policy aims to balance the government’s budget by reducing spending and increasing taxes?
a) Expansionary Fiscal Policy
b) Contractionary Fiscal Policy
c) Neutral Fiscal Policy
d) Progressive Fiscal Policy
Answer: b) Contractionary Fiscal Policy
What is the term for the policy that focuses on increasing workforce skills and education to improve productivity?
a) Human Capital Policy
b) Labor Union Policy
c) Income Support Policy
d) Wealth Redistribution Policy
Answer: a) Human Capital Policy
Which policy involves reducing government spending and increasing taxes to control inflation and stabilize the economy?
a) Expansionary Fiscal Policy
b) Contractionary Fiscal Policy
c) Neutral Fiscal Policy
d) Progressive Fiscal Policy
Answer: b) Contractionary Fiscal Policy
What is the term for the policy that focuses on reducing trade barriers and promoting international trade?
a) Isolationist Policy
b) Protectionist Policy
c) Free Trade Policy
d) Import Substitution Policy
Answer: c) Free Trade Policy
Which policy aims to stabilize economic fluctuations by adjusting government spending and taxes?
a) Fiscal Policy
b) Monetary Policy
c) Demand-Side Policy
d) Supply-Side Policy
Answer: a) Fiscal Policy
What is the term for the policy that involves controlling government spending and reducing budget deficits?
a) Austerity Policy
b) Expansionary Policy
c) Progressive Policy
d) Demand-Side Policy
Answer: a) Austerity Policy
Which policy involves increasing interest rates and reducing money supply to control inflation?
a) Expansionary Monetary Policy
b) Contractionary Monetary Policy
c) Neutral Monetary Policy
d) Deflationary Monetary Policy
Answer: b) Contractionary Monetary Policy
What is the term for the policy that aims to ensure stable prices and low inflation in the economy?
a) Price Stability Policy
b) Deflationary Policy
c) Inflation Targeting Policy
d) Price Control Policy
Answer: c) Inflation Targeting Policy
Which policy involves reducing income tax rates to stimulate consumer spending and economic growth?
a) Progressive Taxation Policy
b) Regressive Taxation Policy
c) Flat Taxation Policy
d) Tax Cut Policy
Answer: d) Tax Cut Policy
What is the term for the policy that aims to encourage investments in new technologies and innovation?
a) Technology Subsidy Policy
b) Innovation Incentive Policy
c) Research and Development Policy
d) Intellectual Property Policy
Answer: c) Research and Development Policy
Which policy aims to reduce the dependency on imports and promote domestic production?
a) Import Substitution Policy
b) Export Promotion Policy
c) Foreign Investment Policy
d) Trade Liberalization Policy
Answer: a) Import Substitution Policy
What is the term for the policy that focuses on providing financial support to specific industries to boost economic growth?
a) Industrial Subsidy Policy
b) Export-Oriented Policy
c) Privatization Policy
d) Monopoly Regulation Policy
Answer: a) Industrial Subsidy Policy
Which policy involves increasing government spending and cutting taxes to stimulate consumer demand?
a) Expansionary Fiscal Policy
b) Contractionary Fiscal Policy
c) Neutral Fiscal Policy
d) Austerity Fiscal Policy
Answer: a) Expansionary Fiscal Policy
What is the term for the policy that aims to ensure a fair distribution of income and wealth in society?
a) Income Equality Policy
b) Wealth Redistribution Policy
c) Supply-Side Policy
d) Fiscal Policy
Answer: b) Wealth Redistribution Policy
Which policy focuses on promoting entrepreneurship and small business development?
a) Entrepreneurial Support Policy
b) Corporate Taxation Policy
c) Import Substitution Policy
d) Fiscal Austerity Policy
Answer: a) Entrepreneurial Support Policy
What is the term for the policy that involves increasing government spending to stimulate economic growth during a recession?
a) Austerity Fiscal Policy
b) Expansionary Fiscal Policy
c) Neutral Fiscal Policy
d) Supply-Side Fiscal Policy
Answer: b) Expansionary Fiscal Policy
Which policy aims to stabilize the economy by smoothing out economic fluctuations over the business cycle?
a) Neutral Fiscal Policy
b) Countercyclical Policy
c) Progressive Fiscal Policy
d) Austerity Fiscal Policy
Answer: b) Countercyclical Policy
What is the term for the policy that aims to encourage investment in infrastructure and public projects?
a) Public Investment Policy
b) Monopoly Regulation Policy
c) Income Redistribution Policy
d) Free Trade Policy
Answer: a) Public Investment Policy
Which policy focuses on improving access to credit and financing for businesses and individuals?
a) Fiscal Policy
b) Monetary Policy
c) Supply-Side Policy
d) Credit Expansion Policy
Answer: b) Monetary Policy
What is the term for the policy that aims to increase consumer spending by putting money directly into the hands of citizens?
a) Tax Cut Policy
b) Fiscal Austerity Policy
c) Monetary Policy
d) Cash Transfer Policy
Answer: d) Cash Transfer Policy
Which policy involves reducing government regulation to promote business growth and innovation?
a) Deregulation Policy
b) Export Promotion Policy
c) Import Substitution Policy
d) Fiscal Policy
Answer: a) Deregulation Policy
What is the term for the policy that aims to ensure fair competition in markets by preventing monopolies?
a) Fiscal Policy
b) Trade Policy
c) Monetary Policy
d) Competition Policy
Answer: d) Competition Policy
Which policy involves increasing interest rates and reducing money supply to control inflation?
a) Expansionary Monetary Policy
b) Contractionary Monetary Policy
c) Neutral Monetary Policy
d) Deflationary Monetary Policy
Answer: b) Contractionary Monetary Policy
What is the term for the policy that aims to reduce income inequality by providing targeted assistance to those in need?
a) Welfare Policy
b) Wealth Redistribution Policy
c) Universal Basic Income Policy
d) Supply-Side Policy
Answer: a) Welfare Policy
Which policy involves reducing government spending and increasing taxes to reduce budget deficits and debt?
a) Expansionary Fiscal Policy
b) Contractionary Fiscal Policy
c) Neutral Fiscal Policy
d) Progressive Fiscal Policy
Answer: b) Contractionary Fiscal Policy
What is the term for the policy that focuses on improving the efficiency and competitiveness of the labor market?
a) Labor Union Policy
b) Wage Control Policy
c) Employment Protection Policy
d) Labor Market Reform Policy
Answer: d) Labor Market Reform Policy
Which policy aims to stabilize economic fluctuations by adjusting the money supply and interest rates?
a) Fiscal Policy
b) Monetary Policy
c) Demand-Side Policy
d) Supply-Side Policy
Answer: b) Monetary Policy
What is the term for the policy that involves reducing government spending and budget deficits during economic booms?
a) Austerity Fiscal Policy
b) Expansionary Fiscal Policy
c) Neutral Fiscal Policy
d) Progressive Fiscal Policy
Answer: a) Austerity Fiscal Policy
Which policy focuses on promoting foreign direct investment and encouraging multinational corporations to invest in the country?
a) Export Promotion Policy
b) Import Substitution Policy
c) Foreign Investment Promotion Policy
d) Protectionist Policy
Answer: c) Foreign Investment Promotion Policy
What is the term for the policy that aims to reduce trade barriers and promote international trade?
a) Isolationist Policy
b) Protectionist Policy
c) Free Trade Policy
d) Import Substitution Policy
Answer: c) Free Trade Policy
Which policy involves increasing government spending and reducing taxes to stimulate economic growth?
a) Expansionary Fiscal Policy
b) Contractionary Fiscal Policy
c) Neutral Fiscal Policy
d) Austerity Fiscal Policy
Answer: a) Expansionary Fiscal Policy
What is the term for the policy that aims to reduce income inequality through targeted government assistance programs?
a) Progressive Taxation Policy
b) Welfare State Policy
c) Universal Basic Income Policy
d) Flat Taxation Policy
Answer: b) Welfare State Policy
Which policy focuses on improving labor market conditions and protecting workers’ rights?
a) Labor Union Policy
b) Wage Control Policy
c) Employment Protection Policy
d) Labor Market Reform Policy
Answer: c) Employment Protection Policy
What is the term for the policy that aims to reduce income inequality by taxing higher incomes at higher rates?
a) Flat Taxation Policy
b) Wealth Redistribution Policy
c) Progressive Taxation Policy
d) Supply-Side Policy
Answer: c) Progressive Taxation Policy
Which policy involves increasing government spending and cutting taxes to boost consumer demand?
a) Expansionary Fiscal Policy
b) Contractionary Fiscal Policy
c) Neutral Fiscal Policy
d) Austerity Fiscal Policy
Answer: a) Expansionary Fiscal Policy
What is the term for the policy that aims to promote economic growth and stability by controlling the money supply?
a) Fiscal Policy
b) Monetary Policy
c) Demand-Side Policy
d) Supply-Side Policy
Answer: b) Monetary Policy
Which policy focuses on promoting economic growth by reducing taxes and regulations on businesses?
a) Business-Friendly Policy
b) Welfare State Policy
c) Income Redistribution Policy
d) Supply-Side Policy
Answer: d) Supply-Side Policy
What is the term for the policy that aims to reduce government intervention and promote free market competition?
a) Protectionist Policy
b) Interventionist Policy
c) Market Liberalization Policy
d) Import Substitution Policy
Answer: c) Market Liberalization Policy
Which policy involves increasing government spending and cutting taxes to stimulate economic growth during a recession?
a) Austerity Fiscal Policy
b) Expansionary Fiscal Policy
c) Neutral Fiscal Policy
d) Progressive Fiscal Policy
Answer: b) Expansionary Fiscal Policy
What is the term for the policy that aims to increase consumer spending by providing cash payments to citizens?
a) Tax Cut Policy
b) Fiscal Austerity Policy
c) Monetary Policy
d) Cash Transfer Policy
Answer: d) Cash Transfer Policy
Which policy focuses on promoting entrepreneurship and small business development?
a) Entrepreneurial Support Policy
b) Corporate Taxation Policy
c) Import Substitution Policy
d) Fiscal Austerity Policy
Answer: a) Entrepreneurial Support Policy
What is the term for the policy that involves reducing government spending and budget deficits during economic booms?
a) Austerity Fiscal Policy
b) Expansionary Fiscal Policy
c) Neutral Fiscal Policy
d) Progressive Fiscal Policy
Answer: a) Austerity Fiscal Policy
