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Public Finance Quiz 37 (20 MCQs)

Quiz Instructions

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1. Mandated by Execuive Order No. 12 to assist the President in the campaign against graft and corruption.
2. Recreation is one that sells services to buyers.
3. The decline in people's purchasing power can be overcome by:
4. Benefits provided under a social security arrangement must be adequate in both amount and duration to ensure that recipients may realize their rights to family protection and assistance, an adequate standard of living, and adequate access to health care.
5. Business finance is concerned with paying for governmental activities, and with the administration and design of those activities.
6. Which of the following economists won the 1970 Nobel Prize?
7. A progressive tax takes .....
8. Which of the following is a benefit of taxation?
9. As a consumer increases the consumption of successive units a commodity, his marginal utility .....
10. Honorar, autoritasu
11. A bank account that you can take money out of at any time
12. "Government commitments resulting from direct borrowing both within the country and outside the country. both those created by the government and state enterprises Both guaranteed by the government and not guaranteed" corresponds to which of the following words?
13. When it comes to budgeting, identifying areas of weakness helps the government to allocate resources in a useful and sustainable manner. It is important for the government to ensure that funds reach where it is required the most.
14. Public expenditure, if spent properly, exerts an important influence on the entire economy.
15. Which of the following descriptions is correct? "The amount or amount of accumulated surplus income from state operations which the state has accumulated in the treasury. any given time."
16. To have money in your bank account
17. Incidence of a tax refers to the ..... burden of tax:
18. Adam Smith wrote about function of state in ..... in his book 'Wealth of Nations'.
19. When a limited amount of resources are available, consumers must:
20. Impact and incidence on same person: ..... ::impact and incidence on different heads:Indirect tax.
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