Economics Paper 43

1

Fiscal policy refers to:





2

Disposable income is:






3

The deficit tends to decrease when:






4

Money or paper currency serves at least ______________ functions:






5

The economic logic behind granting central banks independence from government in the conduct of monetary policy is:






6

An expansionary fiscal policy can:






7

Which is high powered money?






8

There are _________major instruments of monetary policy:






9

The rate at which central bank lends to commercial banks is known as:






10

Identify the three motives of money demand:






Result

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