The objective of public finance is to promote
Full employment, national income and price stability
Government revenue drive and expenditure to as high a level as possible
The expansion of government social services
Government revenue drive and minimize government expenditure
Correct answer is A
No explanation has been provided for this answer.
Obtaining life-term loans from merchant banks
Obtain short-term loans from commercial banks
Selling floating-rate debenture stocks to the general public
Selling new ordinary shares to the general public
Correct answer is D
No explanation has been provided for this answer.
To reduce the high rate of inflation in the economy, the government should
Increase taxes and have a budget surplus
Increase taxes and have a budget defilicit
Decrease taxes and have a budget defilicit
Decrease taxes and have a balance budget
Correct answer is A
No explanation has been provided for this answer.
The total amount of money in circulation includes cash
And current account
Owned by banks and the non-bank public
And current acount balances owned by banks and non-bank public
Owned by banks, the government and the non-bank public
Correct answer is C
No explanation has been provided for this answer.
The best way to reduce the supply of money in the economy is to
Increase the liquidity ratio
Increase the number of bank-notes and cheques produced
Decrease treasury bills
Liberalize access to credit
Correct answer is A
No explanation has been provided for this answer.