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Year 11 Exam  >  Year 11 Tests  >  Test: The Role of Government - Year 11 MCQ

Test: The Role of Government - Year 11 MCQ


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10 Questions MCQ Test - Test: The Role of Government

Test: The Role of Government for Year 11 2024 is part of Year 11 preparation. The Test: The Role of Government questions and answers have been prepared according to the Year 11 exam syllabus.The Test: The Role of Government MCQs are made for Year 11 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: The Role of Government below.
Solutions of Test: The Role of Government questions in English are available as part of our course for Year 11 & Test: The Role of Government solutions in Hindi for Year 11 course. Download more important topics, notes, lectures and mock test series for Year 11 Exam by signing up for free. Attempt Test: The Role of Government | 10 questions in 20 minutes | Mock test for Year 11 preparation | Free important questions MCQ to study for Year 11 Exam | Download free PDF with solutions
Test: The Role of Government - Question 1
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What are the three distinct levels of government intervention in a mixed economy?

Detailed Solution for Test: The Role of Government - Question 1
Government intervention in a mixed economy occurs at local, national (macroeconomic), and international levels to regulate economic activities and ensure stability.
Test: The Role of Government - Question 2
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Why is government intervention necessary in a mixed economy?

Detailed Solution for Test: The Role of Government - Question 2
Government intervention aims to ensure fair competition among businesses, prevent monopolies, and protect consumers' interests.
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Test: The Role of Government - Question 3
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At which level does government intervention focus on managing overall economic growth and stability?

Detailed Solution for Test: The Role of Government - Question 3
National (macroeconomic) intervention focuses on managing economic growth, controlling inflation, and regulating unemployment rates.
Test: The Role of Government - Question 4
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What is an example of local government intervention in a mixed economy?
Detailed Solution for Test: The Role of Government - Question 4
Local government intervention includes implementing zoning laws, managing local infrastructure, and overseeing urban planning.
Test: The Role of Government - Question 5
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How does international government intervention impact a mixed economy?
Detailed Solution for Test: The Role of Government - Question 5
International government intervention involves regulating global trade agreements, tariffs, and international economic policies to promote fair trade practices.
Test: The Role of Government - Question 6
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What role does national (macroeconomic) intervention play in a mixed economy during a recession?
Detailed Solution for Test: The Role of Government - Question 6
During a recession, national (macroeconomic) intervention may involve decreasing interest rates to stimulate economic activity and encourage borrowing.
Test: The Role of Government - Question 7
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Why do governments intervene at the local level in a mixed economy?
Detailed Solution for Test: The Role of Government - Question 7
Local government intervention regulates local businesses, ensures compliance with environmental standards, and supports community development initiatives.
Test: The Role of Government - Question 8
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What impact does government intervention have on income inequality in a mixed economy?
Detailed Solution for Test: The Role of Government - Question 8
Government intervention aims to reduce income inequality by implementing progressive taxation, social welfare programs, and promoting equal opportunities.
Test: The Role of Government - Question 9
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How does national (macroeconomic) intervention influence unemployment rates in a mixed economy?
Detailed Solution for Test: The Role of Government - Question 9
National (macroeconomic) intervention can impact unemployment rates by implementing fiscal policies, such as decreasing interest rates to encourage job creation and consumer spending.
Test: The Role of Government - Question 10
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What is the primary goal of international government intervention in a mixed economy?
Detailed Solution for Test: The Role of Government - Question 10
International government intervention aims to promote global competitiveness by regulating trade policies, promoting fair competition, and ensuring compliance with international standards.
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