The Phillips Curve & Taxation Mcqs


Q.  If a country’s policy makers were to continuously use expansionary monetary policy in an attempt to hold unemployment below the natural rate the long-run result would be ?

a. an increase in the level of output
b. a decrease in the unemployment rate
c. an increase in the rate of inflation
d. All of these answers


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  Refer to Exhibit 4. If a tax is placed on the product in this market total surplus is the area ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Refer to Exhibit 4. If a tax is placed on the product in this market tax revenue paid by the sellers is the area ?
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MCQs:  Refer to Exhibit 4. If a tax is placed on the product in this market, producer surplus is the area?
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MCQs:  Refer to Exhibit 4. If there is no tax placed on the product in this market, producer surplus is the area ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Which of the following taxes can be supported by the benefits principle of taxation ?
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MCQs:  A tax system is regarded as horizontally equitable if ?
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MCQs:  The appropriate tax rate to consider gauging how much the tax system distorts incentives and decision making is the ?
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MCQs:  The ability-to-pay principle of taxation suggests that if a tax system is to be vertically equitable it should be ?
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MCQs:  The average tax rate is ?
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MCQs:  The marginal tax rate is ?
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MCQs:  A tax for which high income taxpayers pay a smaller fraction of their income than do low income taxpayers is known as ?
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MCQs:  If the Pakistani government runs a budget surplus there is ?
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MCQs:  The reduction of tax ?
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MCQs:  The graph that shows the relationship between the size of a tax and the tax revenue collected by the government is known as a ?
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MCQs:  Which of the following is true with regard to a tax on labor income? Taxes on labor income tend to encourage ?
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MCQs:  Deadweight loss is greatest when ?
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MCQs:  Which of the following would likely cause the greatest deadweight loss ?
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MCQs:  Refer to Exhibit 4. If a tax is placed on the product in this market. deadweight loss is the area ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Refer to Exhibit 4. If there is no tax placed on the product in this market total surplus is the area ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Refer to Exhibit 4. If a tax is placed on the product in this market tax revenue paid by the buyers is the area ?
Category: Economics Mcqs,   Published by: teswesm