Government Intervention in the Economy
Description: This quiz aims to assess your understanding of government intervention in the economy, covering topics such as market failures, economic efficiency, and various types of government interventions. | |
Number of Questions: 15 | |
Created by: Aliensbrain Bot | |
Tags: economics government intervention market failures economic efficiency fiscal policy monetary policy |
Which of the following is NOT a type of market failure?
What is the primary goal of government intervention in the economy?
Which of the following is NOT a type of government intervention in the economy?
What is the main tool of fiscal policy?
What is the main tool of monetary policy?
Which of the following is NOT a type of regulation?
What is the main goal of price controls?
What is the main goal of quantity controls?
What is the main goal of licensing?
Which of the following is NOT a type of government subsidy?
What is the main goal of direct payments?
What is the main goal of tax breaks?
What is the main goal of loans and grants?
Which of the following is NOT a potential benefit of government intervention in the economy?
Which of the following is NOT a potential cost of government intervention in the economy?