To promote economic growth

To control inflation

To reduce unemployment

To stabilize the economy

Increasing government spending

Decreasing taxes

Both A and B

Neither A nor B

Decreasing government spending

Increasing taxes

Both A and B

Neither A nor B

The impact of government spending on economic growth

The impact of taxation on economic growth

The impact of government spending and taxation on economic growth

None of the above

The impact of government spending on private investment

The impact of taxation on private investment

The impact of government spending and taxation on private investment

None of the above

The impact of a balanced budget on economic growth

The impact of a budget deficit on economic growth

The impact of a budget surplus on economic growth

None of the above

A government program that automatically increases spending or decreases taxes when the economy is in recession

A government program that automatically decreases spending or increases taxes when the economy is in expansion

Both A and B

Neither A nor B

Discretionary fiscal policy is decided by the government, while automatic fiscal policy is decided by the central bank.

Discretionary fiscal policy is decided by the government, while automatic fiscal policy is decided by the legislature.

Discretionary fiscal policy is decided by the government, while automatic fiscal policy is decided by the executive branch.

None of the above

The government increasing spending on infrastructure

The government decreasing taxes on businesses

The government increasing spending on social welfare programs

All of the above

The government increasing spending on unemployment benefits when the unemployment rate rises

The government decreasing taxes on businesses when the economy is in recession

The government increasing spending on social welfare programs when the economy is in expansion

None of the above

A graph that shows the relationship between tax rates and tax revenue

A graph that shows the relationship between government spending and economic growth

A graph that shows the relationship between inflation and unemployment

None of the above

The tax rate that maximizes tax revenue

The tax rate that minimizes tax revenue

The tax rate that maximizes economic growth

The tax rate that minimizes economic growth

A progressive tax is a tax that is paid by the rich, while a regressive tax is a tax that is paid by the poor.

A progressive tax is a tax that increases as income increases, while a regressive tax is a tax that decreases as income increases.

A progressive tax is a tax that is paid by the government, while a regressive tax is a tax that is paid by businesses.

None of the above

A direct tax is a tax that is paid directly to the government, while an indirect tax is a tax that is paid indirectly to the government.

A direct tax is a tax that is paid by the rich, while an indirect tax is a tax that is paid by the poor.

A direct tax is a tax that is paid by businesses, while an indirect tax is a tax that is paid by individuals.

None of the above

A VAT is a tax that is paid on the value of goods and services, while a sales tax is a tax that is paid on the price of goods and services.

A VAT is a tax that is paid by businesses, while a sales tax is a tax that is paid by individuals.

A VAT is a tax that is paid on imported goods, while a sales tax is a tax that is paid on domestically produced goods.

None of the above