21. To control inflation rate, the government conducts a fiscal policy which is ... (A) contractionary through increasing tax rate. (B) contractionary through increasing subsidy. (C) contractionary through increasing interest rate. (D) expansionary through increasing subsidy. (E) expansionary through increasing interest rate. 22. Which of the following is NOT included in GDP? (A) Unpaid cleaning and maintenance of houses. (B) Services such as those provided by lawyers and hair stylists. (C) The estimated rental value of owner-occupied housing. (D) Production of foreign citizens living in your country. (E) None of the above is correct. 23. At January 2, 2013, Dunia Company received a year zero-interest-bearing Rp10,000,000.00 trade note. The lrot rote for equivalent notes was 8% at that time.

21. To control inflation rate, the government conducts a fiscal policy which is ... (A) contractionary through increasing tax rate. (B) contractionary through increasing subsidy. (C) contractionary through increasing interest rate. (D) expansionary through increasing subsidy. (E) expansionary through increasing interest rate. 22. Which of the following is NOT included in GDP? (A) Unpaid cleaning and maintenance of houses. (B) Services such as those provided by lawyers and hair stylists. (C) The estimated rental value of owner-occupied housing. (D) Production of foreign citizens living in your country. (E) None of the above is correct. 23. At January 2, 2013, Dunia Company received a year zero-interest-bearing Rp10,000,000.00 trade note. The lrot rote for equivalent notes was 8% at that time.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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