A) Advocates for high levels of government spending
B) Focuses on boosting long-term economic growth by increasing the supply of goods and services
C) Emphasizes government interventions in market activities
D) Aims to redistribute wealth among citizens

A) Tariffs
B) Unemployment benefits
C) Income taxes
D) Social security payments

A) It leads to increased demand for exports
B) It makes exports more expensive and can reduce competitiveness
C) It has no effect on export levels
D) It decreases the cost of exports and boosts competitiveness

A) To limit the quantity of a specific imported good
B) To promote consumer choices
C) To encourage domestic production of imports
D) To stabilize currency exchange rates

A) To eliminate tariffs and reduce trade barriers among participant countries
B) To impose trade restrictions for national security reasons
C) To control the exchange rates between participating countries
D) To regulate the prices of imported goods

A) Encouraging foreign direct investment
B) Promoting free trade agreements
C) Supporting international trade organizations
D) The use of trade barriers to protect domestic industries from foreign competition

A) To funnel government subsidies to favored industries
B) To control international trade agreements
C) To ensure fair competition and prevent anti-competitive practices in markets
D) To increase government intervention in market activities

A) Trade embargoes
B) Tax incentives for corporations
C) Antitrust laws
D) Import tariffs

A) Tax deductions for charitable donations
B) Tax incentives for foreign investors
C) Reducing income tax on high earners
D) Taxation on assets to reduce wealth inequality

A) Lowering currency exchange rates
B) Central bank's purchase of financial assets to increase money supply
C) Restricting bank lending activities
D) Raising interest rates to control inflation

A) To promote regional economic integration
B) To oversee environmental conservation efforts
C) To enforce domestic tax policies
D) To regulate international trade and resolve trade disputes

A) Infrastructure spending.
B) Social security benefits.
C) Minimum wage legislation.
D) Open market operations.

A) Income tax collection.
B) Interest rate adjustments.
C) Foreign exchange market interventions.
D) Government spending.

A) There is no relationship between inflation and unemployment.
B) An inverse relationship – lower unemployment is associated with higher inflation.
C) A direct relationship – higher unemployment is associated with higher inflation.
D) Both move in the same direction – higher unemployment leads to lower inflation.