Theories of Government Spending
Description: This quiz covers the various theories of government spending, including their objectives, implications, and criticisms. | |
Number of Questions: 14 | |
Created by: Aliensbrain Bot | |
Tags: economics government spending theories of government spending |
Which theory of government spending emphasizes the role of government in promoting economic growth and stability?
According to the classical economic theory, what is the primary role of government spending?
Which theory of government spending advocates for reducing government spending and taxation to stimulate economic growth?
What is the main objective of government spending according to the theory of public choice?
Which theory of government spending emphasizes the importance of government investment in infrastructure and education to promote long-term economic growth?
What is the primary criticism of government spending based on the theory of crowding out?
Which theory of government spending argues that government spending can be used to redistribute income and wealth from the rich to the poor?
What is the main argument of the theory of fiscal federalism regarding government spending?
Which theory of government spending emphasizes the importance of government intervention to correct market failures and promote social welfare?
What is the primary criticism of government spending based on the theory of rent-seeking?
Which theory of government spending argues that government spending should be used to promote social justice and equality?
What is the primary argument of the theory of public goods regarding government spending?
Which theory of government spending emphasizes the importance of government investment in human capital to promote economic growth?
What is the main criticism of government spending based on the theory of fiscal illusion?