A way of helping depressed regions by having wage subsidies lower business taxes and capital subsidies has been suggested as ?
Correct answer: C. interventionist policies
- A. New classical economists
- B. left-wing theorists
- C. interventionist policies
- D. monetarists
Explanation
Wage subsidies, lower business taxes and capital subsidies are government measures intended to stimulate employment and investment in depressed regions. Such active government support is described as an interventionist policy.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? [email protected]
About Public Finance
Government revenue and expenditure are analysed through taxation, public borrowing, budgets, subsidies, transfers and public debt. The topic explains how fiscal policy affects resource allocation, income distribution, economic stability and growth, while distinguishing direct from indirect taxes, progressive from regressive taxation, and public goods from goods supplied by private markets.
Practise Public Finance
406 free Public Finance MCQs from Economics, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Discussion
Stuck on an option, or know a faster way to get there? Ask or explain it here.
No comments yet. Be the first to explain this one.
Exams that ask Economics questions like this
Economics is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Public Finance questions
The PFI aims to deliver public projects and services using ?
An example of public good is ?
If one person's enjoyment of the benefits of a good does not interfere with another's consumption of it, the good is said to be ?
Privatisation is the transfer out ?
The property tax wealth tax inheritance tax and income taxes such as persona and corporate taxes are ?
_______ states that as real GNP per capita rises, people demand relatively more social goods and relatively fewer private goods?