Unit Test — Unit test Answers

0 verified answers
22
Free Preview

Which best describes a central bank's primary role?

A
controlling inflation
B
increasing credit
C
printing money
D
creating monetary policy
23

The circle graph shows information about Germany’s labor force in 2011.Which statement most accurately describes Germany’s labor force?

Question illustration
A
Most Germans are farmers.
B
Most Germans work in services.
C
Most Germans work in factories.
D
Most Germans fish for a living.
24

Gino is writing a paper about the effects of fiscal policies on the economy. Gino is describing a fiscal policy that aims to improve inflation.How does the policy that Gino is describing most likely affect interest rates and unemployment?

A
The policy would most likely increase interest rates and unemployment.
B
The policy would most likely decrease interest rates and unemployment.
C
The policy would most likely increase unemployment but decrease interest rates.
D
The policy would most likely increase interest rates but decrease unemployment.
25

Which of these best describes income tax?

A
regressive tax
B
indirect tax
C
direct tax
D
proportional tax

Did you find these answers helpful?