5%
15%
20%
100%
Correct answer is A
No explanation has been provided for this answer.
If a government wants to reduce the level of inflation, it will
Run a budget surplus
Run a budget deficit
Run a balanced budget
Borrow more money
Correct answer is A
To reduce inflation, the government will run a budget surplus.
This means that the government will collect more money in taxes than it spends.
This will reduce the amount of money in circulation and help to slow down the rate of inflation.
Elasticity of demand for the good
Proportion of the consumer's income spent on the good
Elasticities of demand and supply of the commodity
Availability of substitutes for the commodity
Correct answer is A
No explanation has been provided for this answer.
An increase in government expenditure will lead to
Investment opportunities for foreign investors
An increase in the level of aggregate demand
An increase in total tax revenue
Reduction in total tax revenue
Correct answer is B
No explanation has been provided for this answer.
A rise in the market price of fixed interest securities is an indication that the
Supply of money has decreased
Liquidity preference has increased
Market rate of interest has risen
Market rate of interest has fallen
Correct answer is C
No explanation has been provided for this answer.