Public Finance Quiz

Public Finance Quiz | Public Finance Multiple Choice Questions (MCQs). Basic Public Finance Questions.

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6. Public Finance deals with the study of government’s policies effects on:
I. efficient allocation of resources
II. distribution of income
III. stability of economy
(A) III only
(B) I and II
(C) I and III
(D) I, II, and III

7. The short-term fluctuations in goods & services, their prices, and overall financial conditions is known as
(A) business cycle
(B) economic growth
(C) supply & demand
(D) equilibrium curve

8. The longer-term trends in output and living standards is known as
(A) business cycle
(B) economic growth
(C) supply & demand
(D) equilibrium curve

ANSWERS: PUBLIC FINANCE QUIZ
6. (D) I, II, and III
7. (A) business cycle
8. (B) economic growth We are uploading more questions