Types of Economic Policies Quiz
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Questions and Answers

What is the main focus of Unit 5?

  • Taxation Policy
  • Monetary and Fiscal Policy (correct)
  • Public Expenditure Policy
  • Deficit Financing Policy
  • What does Fiscal Policy primarily involve?

  • Controlling interest rates
  • Influencing exchange rates
  • Government's taxation and expenditure decisions (correct)
  • Regulating money supply
  • What is the primary objective of Monetary Policy?

  • Regulating tax structure
  • Implementing deficit financing
  • Managing public debt
  • Controlling inflation and unemployment (correct)
  • Which policy focuses on regulating the money supply in the economy?

    <p>Monetary Policy</p> Signup and view all the answers

    What is the main difference between Monetary and Fiscal Policy?

    <p>Control over money supply vs. Government's taxation and spending decisions</p> Signup and view all the answers

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