Quick Quiz' 4 multi choice questions

1
Quick Quiz. 4 multi choice questions!

• Govt spending

2
Which of the following is a fiscal policy measure?

• Anti pollution legislation
• Changes in the rate of interest
• Govt grants to private sector firms
• Restrictions on bank lending

3
Which of the following produces an automatic
reduction in govt expenditure during a period of
rising national income?

• Child benefit
• Job seekers allowance
• Defence spending
• State pensions

4
Which of the following is a transfer payment?

• The pay of public sector workers
• The allowance paid to job seekers
• Govt expenditure on defence equipment
• The profits earned by foreign companies based in
  the UK

5
Which of the following would be likely to raise
govt expenditure?

• An aging population
• A rise in employment
• A fall in the rate of interest
• A decrease in the school leaving age.