Economics MCQs

Page No. 203

The implementation lag for monetary policy is generally ?


a the same as it is for fiscal policy


bmuch shorter than it is for fiscal policy


cmush longer than it is for fiscal policy


d unrelated to central bank action



The budget deficit tends to decrease then ?


aGDP decrease rapidly


bGDP remains unchanged


cGDP decrease slightly


dGDP increase


View Answer GDP increase

Automatic stabilizers act to ______ government expenditures and _______ government revenue during an expansionary period?


aincrease; increase


bdecrease; increase


c increase; decrease


ddecrease; decrease


View Answer decrease; increase

Net taxes are ?


a taxes paid by firms and households to the government minus the cost of collecting the taxes


bTaxes paid firms and households to the government minus the transfer payments made to firms and household


cTaxes paid by firms and households to the government plus transfer payments made to firm and households


dgovernment expenditures minus government revenues



As an economy grows ?


aThe government’s budget position should automatically improve


bThe government’s budget position should automatically worsen


cThis will have no effect on the government’s budget position


dThis will reduce the government’s tax revenue



The public Sector Net Cash Requirement (PSNCR) is ?


aA measure of the country’s trade position


bA measure of the country’s budget position


c A measure of the country’s total debt


d A measure of the government’s monetary stance



The marginal rate of tax paid is ?


aThe total tax paid / total income


b Total income / total tax paid


cChange in the tax paid / change in income


d Change in income / change in tax paid



Imagine there is no tax on income up to Rs 1000 after that there is a tax of 505 what is the average tax rate on an income of Rs 20,000 ?


a Rs 50000


b20%


c25%


dRs 10000


View Answer 20%

Fiscal drag occurs when ?


aTax bands do not increase with inflation


b Tax rates move inversely with inflation


cGovernment spending falls to reduce aggregate demand


dTax banks increase with inflation



By controlling the monetary base economists mean ?


a making banks keep a certain % of their assets as M0


bcontrolling the money multiplier


crestricting the amount of cash in circulation


dnot allowing commercial banks to issue notes and coins



Goto Page No.

Page 203 of 444

Alphabetical MCQs Categories

Here below You find all kind of categories of MCQs in alphabetical order.


"Comprehensive Collection of MCQs: Alphabetically Organized by Subject"

"Discover an extensive collection of multiple-choice questions (MCQs) neatly categorized by subject from A to Z. This resource is designed for anyone eager to explore various topics in a straightforward and organized manner. Whether you're a student preparing for exams, an educator seeking supplementary materials, or simply curious about different subjects, this compilation offers a convenient way to learn and assess your knowledge. With questions arranged alphabetically, navigation is effortless, allowing you to delve into subjects of interest at your own pace. Engage, learn, and expand your understanding with this accessible and comprehensive repository of MCQs!"


BolPakistan

bolpakistan.com.pk includes Job Mcqs and Pak Mcqs is the Top Largest Mcqs Forum in World, in which you can read Mcqs of All Subjects, PPSC test preparation, FPSC, NTS and PPSC PAST PAPERS, PPSC PAST MCQS. A Collection of Repeated MCQs for JOBs seekers.

Copyright © 2024, Designed & Developed by BolPakistan