c) techniques used by firms to reduce its tax liability. Answers to Multiple Choice Quiz Questions are available at the end of the last question. Multiple Choice Quiz Questions Test contains 10 questions. b) spending and taxing policies used by the government to influence the level of economy activity. Among the most important is the recognition that fiscal and monetary policies are linked through the government sector’s budget constraint. Multiple Choice Quiz Questions, which are covered in this chapter, relate to the topic, Budget and Fiscal Deficits. A public-finance approach yields several insights. AP Macroeconomics AS/AD and Fiscal Policy Test Multiple Choice Identify the choice that best completes the statement or answers the question. I want more MCQ for departmental examination on chapter like Public debt,Public expenditure Public budget,balanced budget, fiscal policy, federal finance etc. MULTIPLE CHOICE QUESTIONS ACCOUNTING 1. Assume the aggregate supply curve is upward sloping and the economy is in a recession. If the government An entity’s equity represents: A. the main self-financing source for the entity’s assets; B. the monetary expression of the economic resources invested by the owners of the entity; C. the residual interest of the owners … Chapter 1 Monetary and Fiscal Policy. CEO @ T4Tutorials.com I welcome to all of you if you want to discuss about any topic. ____ 1. Yours faithfully tapash chakraborty 1.1 Introduction. 1. Mcqs Five Year Plans Natinal Income Banking Committees Cooperative System Countries-Currency Development Programmes Fiscal Policy Foreign Trade Indicators Agriculture Minerals Industry Capital Market Population Poverty-Unemployment Statutory Bodies Taxation Miscellaneous Quiz MCQ quiz on Fiscal Deficit multiple choice questions and answers on Fiscal Deficit MCQ questions on Fiscal Deficit objectives questions with answer test pdf for interview preparations, freshers jobs and competitive exams. The purpose of the paper is to examine the effect of fiscal policy variables on economic growth in South Africa. a) Increasing use of fiscal policy to control aggregate demand b) Increasing the strategic role of public sector industries c) Controlling growth of the money supply and, hence, inflation d) Increasing the output responsiveness of the economy e) Decreasing non-tariff barriers to trade Variations in the inflation rate can have implications for the fiscal authority’s Fiscal Policy MCQ - Free download as PDF File (.pdf), Text File (.txt) or read online for free. RE: Public finance - MCQs with answers -tapash chakraborty (09/20/16) Sir, It is very nice post . 1) Fiscal policy refers to the a) government's ability to regulate the functioning of financial markets. A. the time that it takes for policy makers to recognize the existence of boom of bust B. the time needed for parliament to agree to a tax cut. 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