Which of the following is not a genuine concern about the issue of rising international public debt? a. inability of government to repay debt b. rising interest rates. c. declining investment d. government expenditure rises at high rates Question 2 Which of the following government action would have the lowest expansionary effect? a. raising money from commercial banks in South Africa b. raising money from international banks c. doubling income tax rates d. the Central Bank injecting more money into circulation Question 3 The size of a country's national debt should not be of much economic concern as long as: a. the debt does not lead to rising inflation. b. the debt is funded from international sources c. the general population hoards treasury bills d. it increases at a slower rate than GDP does
Which of the following is not a genuine concern about the issue of rising international public debt? a. inability of government to repay debt b. rising interest rates. c. declining investment d. government expenditure rises at high rates Question 2 Which of the following government action would have the lowest expansionary effect? a. raising money from commercial banks in South Africa b. raising money from international banks c. doubling income tax rates d. the Central Bank injecting more money into circulation Question 3 The size of a country's national debt should not be of much economic concern as long as: a. the debt does not lead to rising inflation. b. the debt is funded from international sources c. the general population hoards treasury bills d. it increases at a slower rate than GDP does
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
Section: Chapter Questions
Problem 17SCQ: For each of the following, indicate which type of government spending would justify a budget deficit...
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Question
![Question 1
Which of the following is not a genuine concern about the issue of rising international public debt?
a. inability of government to repay debt
b. rising interest rates.
c. declining investment
d. government expenditure rises at high rates
Question 2
Which of the following government action would have the lowest expansionary effect?
a. raising money from commercial banks in South Africa
b. raising money from international banks
c. doubling income tax rates
d. the Central Bank injecting more money into circulation
Question 3
The size of a country's national debt should not be of much economic concern as long as:
a. the debt does not lead to rising inflation.
b. the debt is funded from international sources
c. the general population hoards treasury bills
d. it increases at a slower rate than GDP does](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1b1abd7b-cc7b-4d8d-a0e9-5058c50c14e7%2F44e7502b-df03-4ede-8cb4-4fe79a089820%2Foy6l86_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 1
Which of the following is not a genuine concern about the issue of rising international public debt?
a. inability of government to repay debt
b. rising interest rates.
c. declining investment
d. government expenditure rises at high rates
Question 2
Which of the following government action would have the lowest expansionary effect?
a. raising money from commercial banks in South Africa
b. raising money from international banks
c. doubling income tax rates
d. the Central Bank injecting more money into circulation
Question 3
The size of a country's national debt should not be of much economic concern as long as:
a. the debt does not lead to rising inflation.
b. the debt is funded from international sources
c. the general population hoards treasury bills
d. it increases at a slower rate than GDP does
![Question 4
If the South African government can fund its deficits without the economy experiencing rising general prices, then we can
say that:
a. the budget has balanced
b. public expenditure is of a long term nature
c. the public debt is sustainable.
d. the public debt is not sustainable.
Question 5
Which of the following was not a COVID-19 tax relief measures as adopted by the South African government during the year
2020?
a. A three-month break to pay alcohol and tobacco taxes that started in May 2020
b. Many employers were given more time to file pay-as-you-earn taxes
c. A four-month exemption to pay import taxes from 1 Jan 2020 to end of April 2020.
d. A 90-day deferment for the deadline to submit carbon tax payments to 31 October 2020](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1b1abd7b-cc7b-4d8d-a0e9-5058c50c14e7%2F44e7502b-df03-4ede-8cb4-4fe79a089820%2Fhi9p45_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 4
If the South African government can fund its deficits without the economy experiencing rising general prices, then we can
say that:
a. the budget has balanced
b. public expenditure is of a long term nature
c. the public debt is sustainable.
d. the public debt is not sustainable.
Question 5
Which of the following was not a COVID-19 tax relief measures as adopted by the South African government during the year
2020?
a. A three-month break to pay alcohol and tobacco taxes that started in May 2020
b. Many employers were given more time to file pay-as-you-earn taxes
c. A four-month exemption to pay import taxes from 1 Jan 2020 to end of April 2020.
d. A 90-day deferment for the deadline to submit carbon tax payments to 31 October 2020
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