Question : "Functional Finance" is associated with:
Option 1: Adolph Wagner
Option 2: Adam Smith
Option 3: John Adams
Option 4: Abba P. Lerner
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Correct Answer: Abba P. Lerner
Solution : The correct option is Abba P. Lerner.
Functional finance is an economic-related theory developed during the Second World War. The theory is based on demand principles. Functional finance promotes deficit spending to reduce unemployment, controlling consumer spending through tax policy, and controlling interest rates, inflation, and the cash flow through the economy.
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Question : The writer of the book "An Enquiry into the Nature and Causes of Wealth of Nations", is:
Option 1: David Ricardo
Option 2: Smt. Joan Robinson
Option 3: Adam Smith
Option 4: Robins
Question : Who is called the Father of Economics?
Option 1: J. M. Keynes
Option 2: Malthus
Option 3: Ricardo
Option 4: Adam Smith
Question : "Pace-maker" is associated with
Option 1: Kidney
Option 2: Brain
Option 3: Heart
Option 4: Lung
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Option 1: Cricket
Option 2: Badminton
Option 3: Football
Option 4: Hockey
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Option 1: Boxing
Option 2: Golf
Option 3: Chess
Option 4: Table Tennis
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