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Modern Public Finance

Authored by Maciej Janiszewski

Financial Education

University

Used 1+ times

Modern Public Finance
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One of the function of the public finance is

stabilization

effectiveness

maximization

none of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

"Rising public sector expenditures decrease private sector spending" - it is:

inflation

tax exemption

crowding out effect

none of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The idea of a Laffer curve is that there is a tax revenue maximizing point, beyond which total revenue will fall as taxes increase:

yes

no

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of an expenditure is investment activity:

current

capital

total

none of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Can growing public debt lead to greater risk of a fiscal crisis?

yes

no

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Range of public sector is expressed by:

public spending to GDP

inflation

credit ratio

none of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

EU budget revenues are from

PIT

CIT

customs tariffs

none of these

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