Thai Sikh International School
E-Learning Programme – Online
Assignment – 12-02-2015
Name
: Subject:Economics
Year : 9
A&B Schedule No. : 7
I.MULTIPLE CHOICE QUESTIONS:-
1.
The production
of which of types of goods, given below, has to be financed b the government?
a.
Capital
b.
Consumer
c.
Merit
d.
Public
2.
Which of the
following is an example of a transfer payment?
a.
Government
expenditure on teachers’ salaries.
b.
Government
expenditure on student grants.
c.
Government expenditure
on the building of schools.
d.
Government
expenditure on the maintenance of school buildings.
3.
How may an
increase in government expenditure, on the education of the poor, benefit the
rich?
a.
In the short
term, the rates of progressive taxes may have to rise.
b.
In the short
term, some government expenditure on higher education may have to be reduced.
c.
In the longer
term, the productivity of workers may rise and if hence the productive capacity
of the economy might increase.
d.
In the longer
term, more workers may emigrate which may raise the dependency ratio on those
remaining.
4.
Which of the
following is a possible aim of public sector expenditure but not that of
private sector?
a.
To ensure that
all costs of production are covered.
b.
To ensure full
employment of resources.
c.
To finance the
purchase of capital goods.
d.
To finance the
expenditure on research and development.
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