Fiscal Policy and Government Revenue Quiz
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Questions and Answers

Which of the following best describes public finance?

  • A branch of economics that studies consumer behavior
  • A branch of economics that analyzes international trade
  • A branch of economics that focuses on government revenues and expenditures (correct)
  • A branch of economics that studies inflation and unemployment

    • Which of the following is an example of fiscal policy?

  • A government increasing taxes to reduce inflation
  • A government regulating the financial sector to prevent a recession
  • A government providing subsidies to farmers to address food security
  • A government investing in infrastructure to stimulate economic growth (correct)

    • Which component of fiscal policy determines how the government gets its funds?

  • Government revenue policy (correct)
  • Monetary policy
  • Government expenditures policy
  • Debt management policy

    • Which component of fiscal policy determines how the government allocates its revenue among different uses?

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