Units 9 and 11 Word Scramble
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| Question | Answer |
| The discretionary fiscal policy can be a: | 1- Expansionary policy. 2- Contractionary policy. 3- Increasing policy. 4- 1 and 2 are corrects. 5- 3 and 4 are corrects. |
| An increase in income taxes: | 1- Reduces disposable personal income and thus reduces consumption. 2- Increase disposable personal income and thus reduces consumption. 3- 1 and 2 depending on the type of tax. |
| What of these options can be examples of negative consumption externalities? | 1- Heating homes and driving cars by use of fossil fuels that pollute the atmosphere. 2- Partying with loud music until the early hours of the morning, and disturbing the neighbours. 3- Trying to conservate the enviroment. 4- 1 and 2 are correct. |
| What of these options can be examples of positive production externalities? | 1- Firms train workers who later switch jobs and work elsewhere; external benefits are created as the new employers and society benefit from the trained workers. 2- Workers don't obtain any benefit of working. |
| Economic growth is usually expressed as: | 1- A percentage change in real GDP (or real GNI) over a specified period of time. 2- A percentage change in real GDP per capita (or real GNI per capita) over a specified period of time. 3- Both of them. |
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mariavarela
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