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1.  []
The reflationary policies try to:
A.
Increase aggregate demand
B.
Decrease aggregate demand
C.
None
2.  []
The tools of fiscal policy are:
A.
The money and the interest rate
B.
The control of prices and wages
C.
The taxes and government spending
3.  []
Are direct taxes:
A.
Income Tax
B.
VAT
C.
Both
4.  []
One of the most important elements of spanish government spending is:
A.
Education
B.
Housing
C.
Social Security
5.  []
The reflationary fiscal policies include:
A.
Lower taxes and more public spending
B.
Higher taxes and less public spending
C.
None
6.  []
In a progressive tax:
A.
As income rises, the proportion paid in tax stays constant
B.
As income rises, the rate of tax increases
C.
As income rises, the rate of income tax falls
7.  []
In a budget deficit:
A.
The government is spending less than tax revenue
B.
The government is spending more than tax revenue
C.
None
8.  []
Are automatic stabilizers:
A.
The income tax
B.
The unemployment benefits
C.
Both
9.  []
One of the problems of fiscal policy is:
A.
The time lags
B.
The crowding out effect
C.
Both
10.  []
From the 1930s to the 1970s:
A.
Keynesian theory prevails in policy
B.
The theories of Adam Smith prevails in policy
C.
The theories of Karl Marx and his disciples prevails in policy