1) Consists of management of money supply and interest rates a) Expansionary policy b) Monetary policy c) Fiscal policy 2) TRAIN law stands for? a) Tax Reform for Acceleration and Inclusion b) Tax Refer for Acceleration and Inclusion c) The Reform for Acceleration and Inclusion 3) Plays a very important role in managing the country's economy. a) Fiscal policy and Monetary policy b) Distributive Policy c) Vat Policy 4) Aimed to increase economic performance and expanding economic activity a) Monetary policy b) Fiscal policy c) Expansionary policy 5) Two tools in addressing the economic and social problems in the country a) Business and Industry b) Fiscal and Monetary policy c) Expansionary and Contructionary monetory 6) Who is known as Keynesian Economics? a) John Maynard Keynes b) Jan Maenard Keynes c) Jon Maynard Keyne 7) With more money in the economy and fewer taxes to pay,what will be the effect in consumers? a) consumer demand for goods increase b) consumer demand for goods decrease c) no effect in consumersnothing will happenconsumer demand will have 8) Monetary policies has 2 categories,what are they? a) Paper and Coins b) Demand and Supply c) Expansionary and Contractionary 9) Socioeconomic Factors Affecting Business and Industry: ___________ a) Price b) Capital c) Government Policies 10) It is the combined production of several units of a given input. a) Total Product b) Average Product c) Marginal Product
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