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Fiscal Policy MCQ

Fiscal Policy MCQ

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Published by Crystal Goh
1) Fiscal policy refers to the a) government's ability to regulate the functioning of financial markets. b) spending and taxing policies used by the government to influence the level of economy activity. c) techniques used by firms to reduce its tax liability. d) the policy by MAS to affect the cash rate. 2) Which of the following does NOT function as an automatic stabiliser? a) The personal income tax system b) Government expenditure on road building programmes c) Unemployment benefit payments
1) Fiscal policy refers to the a) government's ability to regulate the functioning of financial markets. b) spending and taxing policies used by the government to influence the level of economy activity. c) techniques used by firms to reduce its tax liability. d) the policy by MAS to affect the cash rate. 2) Which of the following does NOT function as an automatic stabiliser? a) The personal income tax system b) Government expenditure on road building programmes c) Unemployment benefit payments

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Published by: Crystal Goh on Oct 07, 2012
Copyright:Attribution Non-commercial

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05/06/2014

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