The Balance of Payments & The National Economy Mcqs


Q.  Starting from a balanced budget, for a given tax rate, an increasing in income will cause the government budget to ?

a. move into surplus
b. move into deficit
c. remain unchanged
d. None of the above above


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  A way of helping depressed regions by having lower wages lower local taxes and lower unemployment benefit has been suggested as ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Privatization is the transfer of ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Reaganomics was a radical shift in policy aimed at directly tackling ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  According to supply-side economists, as tax rates are reduced, labor supply should increase. This implies that ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Which of the following would be considered a supply-side policy ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  The success of regional and urban policies has been limited by ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  A way helping depressed regions by having wage subsidies lower business taxes and capital subsidies has been suggested as ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Which of the following statements supports deregulation of industries ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  New classical economists advocate reducing welfare payments to people who are unemployed or single parents. The economic reasoning used was that this would ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  According to the Laffer curve, as tax rates increase tax revenue ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  According to Supply-side economists. if taxes are cut so that people have an increased incentive to work and businesses have an increased incentive to invest ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  A group of economists argue that the real problem with the economy is high rates of taxation and heavy regulation that reduce the incentives to work, save and invest. These economists are?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  According to the factor price equalization theorem, the ________ factor should oppose free. trade policies in any given country?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  By adjusting the model of comparative advantage to include transportation costs along with production costs we would expect ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Advocates of industrial policy maintain that government should ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  According to the Heckscher-Ohlin model ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  In his empirical test of comparative advantage Wassily Leontief found that ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  The Heckshcer-Ohl assumes that are indentical between countries?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  One of the predictions of the Heckscher-Ohlin model is that ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  If tastes are identical between countries, then comparative advantage is determined by ?
Category: Economics Mcqs,   Published by: teswesm