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The Economics of Public Policies Chapter Exam

Exam Instructions:

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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Question 1 1. A decrease in the supply of money in an economy has which of the following effects?

Question 2 2. An increase in the money supply will tend to have which of the following effects on the economy?

Question 3 3. Fiscal policy relates to _____, while monetary policy relates to _____.

Question 4 4. An increase in taxes tends to have which of the following effects on the economy?

Question 5 5. An increase in government spending tends to have which of the following effects on an economy?

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Question 6 6. Which of these is the most common way for policymakers to use mass media?

Question 7 7. What is mass media?

Question 8 8. Which of these would be an example of broadcast media?

Question 9 9. Which of these groups is least likely to be influenced by mass media in their economic decisions?

Question 10 10. Which form of mass media makes information most accessible, but is also the least regulated?

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Question 11 11. A benefit-cost analysis is originally a tool in what discipline?

Question 12 12. A benefit-cost analysis could best be compared to what?

Question 13 13. In a matter of public policy (like making dolphins pets), what sort of costs may we feel free to pay less attention to?

Question 14 14. Which of these is NOT a question a policymaker should ask when trying to weigh costs versus benefits?

Question 15 15. Can benefit-cost analyses include factors other than financial ones?

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Question 16 16. Which of these would be an example of a predictive analysis?

Question 17 17. Alternative public policies are focused on:

Question 18 18. When you conduct a cost-benefit analysis of a public policy, what do you ideally want to see?

Question 19 19. Cost-benefit analyses tend to reduce policies strictly into _____ terms.

Question 20 20. Public policy begins when what occurs?

The Economics of Public Policies Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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