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Macroeconomic Policies Flashcards | StudBud

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What is the aim of demand-side policies?

When taxes rise and G falls it is called _____________ fiscal policy

Macroeconomic Policies

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Questions 11

Answers

1
When taxes rise and G falls it is called _____________ fiscal policy
Loose
Tight
Crazy
Flexible
2
What is the aim of demand-side policies?
To influence AS
To influence AD
To influence C
To influence G
3
Which of the following is not a supply-side policy
Reducing the power of trade unions
Privatisation
Increasing income tax
Decreasing corporation tax
4
Which of the following is not a demand-side policy
Deregulation
Increasing G on education
Decreasing tax rates
Increasing interest rates
5
The introduction of new money into the money supply by the Bank of England is called.....
Loose Monetary Policy
Quantitative Easing
Forward Guidance
Tight Monetary Policy
6
Which objective does economic growth not conflict with?
Low unemployment
Low inflation
Balanced current account
Protection of the environment
7
What is the aim of supply-side policies?
To influence C
To influence AD
To influence AS
To influence G
8
Which of the following is not a problem of increased G?
Resource crowding out
Lower taxes
Worsening budget
Financial crowding out
9
Which of the following is not a macroeconomic objective?
Low, stable inflation
National happiness
Protection of the environment
Economic growth
10
When central banks communicate what their future monetary policy will be, we call this
Open forecasting
Shared intentions
Public service announcements
Forward guidance
11
When is the MPC likely to raise interest rates?
When Mark Carney says so
When inflation is below target
When inflation is above target
When inflation is on target