Practice Fiscal Measures - 5.6.2 | 5. Inflation | ICSE Class 10 Economics
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is public expenditure?

πŸ’‘ Hint: Think about how the government supports public services.

Question 2

Easy

Why is controlling inflation important?

πŸ’‘ Hint: Consider what happens when prices rise excessively.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

Fiscal measures include which of the following?

  • Increasing public spending
  • Reducing public expenditure
  • Neither

πŸ’‘ Hint: Think about the opposite action to what usually inflates prices.

Question 2

True or False: Increasing taxes can help control inflation.

  • True
  • False

πŸ’‘ Hint: Taxes can either limit buying power or expand government resources.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Analyze a scenario where a government implements tax increases while reducing public spending. Predict the short-term and long-term effects on inflation.

πŸ’‘ Hint: Consider how budget balance and consumer behavior interact.

Question 2

Propose a strategy for a government facing runaway inflation. Include recommendations regarding fiscal measures.

πŸ’‘ Hint: Think about balancing spending and income without increasing debt.

Challenge and get performance evaluation