Supply-Side Policies & Sources of Comparative Advantage Mcqs

Supply-Side Policies & Sources of Comparative Advantage Mcqs, this topic has 53 mcqs, It takes five to ten minutes to complete this free Supply-Side Policies & Sources of Comparative Advantage Mcqs test. You will see 4 or 5 option of each question. You must choose / think only one option and then press on answer key for check right answer. Practice "Supply-Side Policies & Sources of Comparative Advantage Mcqs" MCQs and share with your friends, brothers, sisters.

Supply-Side Policies & Sources of Comparative Advantage Mcqs (Total Quiz: 53)

MCQ: Interventionist policies to restore regional imbalance focus on ?

subsidies to encourage firms that moves
tax concessions for firms that move.
improved infrastructure
all of the above

MCQ: A way of helping depressed regions by having lower wages lower local taxes and lower unemployment benefit has been suggested as ?

market-orientated economists
left-wing theorists
Keynesian.
new-Keynesian

MCQ: Privatization is the transfer of ?

publicly held stock to private individuals
corporately owned businesses to individuals
government businesses to the private sector.
privately owned businesses to the government sector

MCQ: Reaganomics was a radical shift in policy aimed at directly tackling ?

the charities economy
the demand side of the economy
the underground economy
the supply side of the country

MCQ: According to supply-side economists, as tax rates are reduced, labor supply should increase. This implies that ?

there is no income effect when tax rates are changed
the income effect of a wage change is greater than the substitution effect of a wage change.
there is no substitution effect when tax rates are changed
the substitution effect of a wage change is greater than the income effect of a wage change

MCQ: Which of the following would be considered a supply-side policy ?

An increase in the minimum wage that would cause consumer spending to increase
investment tax credits for businesses to encourage investment
Restrictions placed on the amount that can be imported.
An increase in government spending that would lead to increased aggregate demand

MCQ: The success of regional and urban policies has been limited by ?

bureaucracy
bad luck
poor communications
the low level of government grants and by the fact that some projects would have gone ahead anyway

MCQ: A way helping depressed regions by having wage subsidies lower business taxes and capital subsidies has been suggested as ?

New classical economists.
Left wing theorists
interventionist policies.
monetarists.

MCQ: Which of the following statements supports deregulation of industries ?

Technological change has made it possible for many industries to become more competitive
Because few real natural monopolies exist, there is rarely a reason for government regulation.
Many instances of government regulation have succeeded in reducing competition in industries where competition may be beneficial
All of the above

MCQ: New classical economists advocate reducing welfare payments to people who are unemployed or single parents. The economic reasoning used was that this would ?