#1
What is the primary purpose of a fiscal policy?
To stabilize the economy
ExplanationStabilize economy through government spending and taxation.
#2
Which type of policy focuses on reducing unemployment and increasing consumer spending?
Fiscal policy
ExplanationAddresses unemployment and spending through government actions.
#3
Which policy is concerned with the regulation of imports and exports?
Trade policy
ExplanationOversees cross-border trade activities.
#4
Which policy is primarily focused on influencing interest rates and money supply?
Monetary policy
ExplanationControls money supply and borrowing costs.
#5
Which type of policy aims to promote the growth and development of specific industries?
Industrial policy
ExplanationNurtures growth in targeted sectors.
#6
Which of the following is an example of a social policy?
Healthcare policy
ExplanationAddresses societal health needs.