Latest Economics MCQs – Most Updated Supply-Side Policies MCQs ( Economics ) MCQs
This post is comprising of latest ” ( Economics ) MCQs – Latest Competitive Medical MCQs “. Here you’ll get latest Economics mcqs for written test, interview with answers. If you want to improve your knowledge regarding Economics then read these mcqs of Design of Steel Structures.
Latest Economics MCQs
By practicing these MCQs of Supply-Side Policies Mcqs ( Economics ) MCQs – Latest Competitive Medical MCQs , an individual for exams performs better than before. This post comprising of mechanical engineering objective questions and answers related to “Supply-Side Policies Mcqs ( Economics ) Mcqs “. As wise people believe “Perfect Practice make a Man Perfect”. It is therefore practice these mcqs of Economics to approach the success. Tab this page to check “Supply-Side Policies Mcqs ( Economics )” for the preparation of competitive mcqs, FPSC mcqs, PPSC mcqs, SPSC mcqs, KPPSC mcqs, AJKPSC mcqs, BPSC mcqs, NTS mcqs, PTS mcqs, OTS mcqs, Atomic Energy mcqs, Pak Army mcqs, Pak Navy mcqs, CTS mcqs, ETEA mcqs and others.
Latest Supply-Side Policies Mcqs ( Economics ) Mcqs
The most occurred mcqs of Supply-Side Policies Mcqs ( Economics ) in past papers. Past papers of Supply-Side Policies Mcqs ( Economics ) Mcqs. Past papers of Supply-Side Policies Mcqs ( Economics ) Mcqs . Mcqs are the necessary part of any competitive / job related exams. The Mcqs having specific numbers in any written test. It is therefore everyone have to learn / remember the related Supply-Side Policies Mcqs ( Economics ) Mcqs. The Important series of Supply-Side Policies Mcqs ( Economics ) Mcqs are given below:
Interventionist policies to restore regional imbalance focus on ?
A. improved infrastructure
B. tax concessions for firms that move.
C. subsidies to encourage firms that moves
D. all of the above
A way of helping depressed regions by having lower wages lower local taxes and lower unemployment benefit has been suggested as ?
A. market-orientated economists
B. Keynesian.
C. left-wing theorists
D. new-Keynesian
Privatization is the transfer of ?
A. corporately owned businesses to individuals
B. publicly held stock to private individuals
C. government businesses to the private sector.
D. privately owned businesses to the government sector
Reaganomics was a radical shift in policy aimed at directly tackling ?
A. the demand side of the economy
B. the charities economy
C. the underground economy
D. the supply side of the country
According to supply-side economists, as tax rates are reduced, labor supply should increase. This implies that ?
A. there is no income effect when tax rates are changed
B. there is no substitution effect when tax rates are changed
C. the income effect of a wage change is greater than the substitution effect of a wage change.
D. the substitution effect of a wage change is greater than the income effect of a wage change
Asymmetric Information MCQs
Which of the following would be considered a supply-side policy ?
A. Restrictions placed on the amount that can be imported.
B. investment tax credits for businesses to encourage investment
C. An increase in the minimum wage that would cause consumer spending to increase
D. An increase in government spending that would lead to increased aggregate demand
The success of regional and urban policies has been limited by ?
A. bad luck
B. bureaucracy
C. poor communications
D. the low level of government grants and by the fact that some projects would have gone ahead anyway
A way helping depressed regions by having wage subsidies lower business taxes and capital subsidies has been suggested as ?
A. Left wing theorists
B. New classical economists.
C. interventionist policies.
D. monetarists.
Which of the following statements supports deregulation of industries ?
A. Because few real natural monopolies exist, there is rarely a reason for government regulation.
B. Technological change has made it possible for many industries to become more competitive
C. Many instances of government regulation have succeeded in reducing competition in industries where competition may be beneficial
D. All of the above
New classical economists advocate reducing welfare payments to people who are unemployed or single parents. The economic reasoning used was that this would ?
A. weaken the power of trade unions
B. reduce unemployment
C. reduce poverty
D. help small businesses
According to the Laffer curve, as tax rates increase tax revenue ?
A. initially increase and then decrease
B. rise continuously
C. decrease continuously.
D. initially decrease and then increase.
According to Supply-side economists. if taxes are cut so that people have an increased incentive to work and businesses have an increased incentive to invest ?
A. aggregate supply will increase will increase aggregate output will increase and the price level will increase
B. aggregate supply will increase will increase aggregate output will increase and the price level will decrease
C. aggregate supply will increase will increase aggregate demand will decrease and the price level will decrease
D. both aggregate supply and demand will increase will increase and the price level will increase
A group of economists argue that the real problem with the economy is high rates of taxation and heavy regulation that reduce the incentives to work, save and invest. These economists are?
A. Supply-side economics
B. rational-expectations economists.
C. neo-Keynesian economists
D. new classical economists.