اگر مالیاتی پالیسی ٹیکس میں کٹوتیوں کے ذریعے استحکام اور اقتصادی ترقی کو فروغ دینے کی کوشش کر رہی ہے، تو مالیاتی پالیسی کس قسم کی پالیسی استعمال کر رہی ہے؟
A. Easy Money Policy
B. Tight Money Policy
C. Restrictive Fiscal Policy
D. Expansionary Fiscal Policy
Explanation
If fiscal policy is trying to promote stability and economic growth through tax cuts, it is using expansionary fiscal policy.
Expansionary fiscal policy involves increasing government spending and/or reducing taxes to stimulate economic growth and boost aggregate demand.
A. The unemployment rate that exists when the economy is in a recession
B. The unemployment rate that exists when the economy is at full employment
C. The unemployment rate that exists when the economy is in a depression
D. The unemployment rate that exists when the economy is in a boom
Explanation
The natural rate of unemployment is the unemployment rate that exists when the economy is at full employment.
This level of unemployment represents the rate at which the labor market is in equilibrium, with all available labor resources being utilized efficiently.
A. The rich will get richer and the poor will get poorer
B. Poor nations will grow faster than rich nations
C. The rich will get poorer and the poor will get richer
D. Rich nations will grow faster than poor nations
Explanation
The Solow Growth Model predicts that countries with lower levels of capital per worker (typically poorer nations) will grow faster than countries with higher levels of capital per worker (typically richer nations) because they have a higher marginal product of capital. This leads to convergence, where poorer nations catch up with richer nations over time.
