Economics MCQS

781. What is the role of the financial system in a mixed economy?
A) The financial system has no role in a mixed economy.
B) The financial system facilitates the flow of capital, investment, and financial services within the economy.
C) The financial system is solely controlled by the government.
D) The financial system promotes economic inequality.


782. How does a mixed economy address the issue of unemployment?
A) By ignoring unemployment.
B) By implementing policies to stimulate job creation and providing unemployment benefits.
C) By leaving unemployment to the market forces.
D) By promoting permanent unemployment.


783. How does a mixed economy balance economic growth and environmental sustainability?
A) By sacrificing environmental sustainability for economic growth.
B) By implementing policies that promote sustainable development and environmental conservation alongside economic growth.
C) By ignoring environmental concerns.
D) By limiting economic growth for the sake of environmental sustainability.


784. What is the impact of a mixed economy on entrepreneurship?
A) A mixed economy discourages entrepreneurship.
B) A mixed economy encourages entrepreneurship by providing opportunities for private enterprise.
C) A mixed economy relies solely on government entrepreneurship.
D) A mixed economy limits entrepreneurship to the wealthy.


785. How does a mixed economy address the provision of public goods such as national defense?
A) Public goods are not provided in a mixed economy.
B) The government plays a crucial role in providing public goods like national defense.
C) Public goods are solely the responsibility of private individuals.
D) Public goods are determined by the market forces.


786. What is the role of trade unions in a mixed economy?
A) Trade unions are not allowed in a mixed economy.
B) Trade unions play a role in protecting workers’ rights and negotiating with employers.
C) Trade unions are controlled by the government.
D) Trade unions have no impact on the economy.


787. How does a mixed economy address the issue of income mobility?
A) By promoting income immobility.
B) By implementing policies that allow for upward income mobility and reduce income inequality.
C) By ignoring the issue of income mobility.
D) By limiting income mobility to the wealthy.


788. How does a mixed economy address the provision of social services such as welfare programs?
A) Social services are not provided in a mixed economy.
B) The government plays a role in providing social services like welfare programs.
C) Social services are solely the responsibility of private individuals.
D) Social services are determined by the market forces.


789. What is the impact of a mixed economy on consumer protection?
A) Consumer protection is not a concern in a mixed economy.
B) The government implements regulations to protect consumers from fraud and ensure product safety.
C) Consumer protection is solely the responsibility of businesses.
D) Consumer protection is left to the market forces.


790. How does a mixed economy address the issue of economic inequality?
A) By promoting economic inequality.
B) By implementing policies to address income inequality and promote a fair distribution of wealth.
C) By ignoring the issue of economic inequality.
D) By leaving economic inequality to the market forces.


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