only answer required please dont explain .

12.

during inflation, _________________ faces loss in terms of real income and ___________ benefitedRequired to answer. Single choice.

(1 Point)

Borrower, creditor

Creditor, borrower

None of these

13.

_____________ is the seasonal activity and creates seasonal unemployment during few months of a year.Required to answer. Single choice.

(1 Point)

A. Tourism

B. Agriculture

C. Horticulture

D. All of the above

14.

interest paid on External ternal borrowing is termed as __________________Required to answer. Single choice.

(1 Point)

External debt

International servicing

Debt servicing

D. Service sector

15.

____________________are usually imposed on a manufacturer or supplier who then passes on the tax to the consumer.Required to answer. Single choice.

(0.5 Points)

A. Oppressive tax

B. Manual taxes

C. Indirect tax

D. A and B both

16.

As a result of anti-recessionary fiscal policy, income of the ___________ increases and ______________ on aggregate level rises.Required to answer. Single choice.

(1 Point)

A. Suppliers; consumption

B. Government; suppliers

C. Public sector ; spending

D. None of these

17.

Suppose John lends $400 to James, to be repaid in four years. If in that time the price level falls and deflation rate 2 % per year, the $400 that James repays to John will possess 8% higher purchasing power of the $400 borrowed. It means John lend___________ money and get back _________ money.Required to answer. Single choice.

(1 Point)

A. Dear, cheap

B. Cheap, cheap

C. Cheap, dear

D. None of these

18.

______________________ comprises a significant proportion of GNP of an economy.Required to answer. Single choice.

(1 Point)

A. Labor demand

B. Labore supply

C. Inflation

D. Instruments of fiscal policy

19.

Sarah earns 10% interest per year on the amount lend to a borrower, and inflation is currently 9% per year, the real interest rate he receives:Required to answer. Single choice.

(1 Point)

A. 5.3%

B. 2%

C. 1%

20.

during deflation the ______________ is always greater than _____________Required to answer. Single choice.

(1 Point)

Nominal interest rate, real interest rate

B. Real interest rate, nominal interest rate

C. Both A and B

21.

Government implement ________________ by using its tool _____________ for Equitable distribution of Income and wealth.

Single choice.

(1 Point)

A. Fiscal policy; taxation

B. Monetary policy; taxation

C. Discretionary policy; OMO

D. None of these

22.

increase in aggregate demand prompt upward pressure in the prices is stated by _____________Required to answer. Single choice.

(1 Point)

Keynesians

Classicals

Monetarists

23.

During recession government _______________ its expenditures and ____________ the Tax rate is related with _______________________Required to answer. Single choice.

(1 Point)

A. Decreases; increases; expansionary fiscal policy

B. Increases , lowers; expansionary fiscal policy

C. Decreases, lowers, contractionary fiscal policy

D. Remains same, do no change, monetary policy