According to Nobel Laureate, Amartya Sen, which of the following ...

[jlmhmf]

According to Nobel Laureate, Amartya Sen, which of the following measures should not be included in a balanced scorecard for economic growth?
 a. Wide-spread access to basic life-sustaining amenities.
  b. Freedom to pick from a wide range of social and economic choices.
  c. Better self-esteem through higher standards of living.
  d. Currency appreciation due to balance of payments surpluses.
  e. All the above are proper measures in the balanced scorecard approach to growth.

Question 2

If the actual government deficit (-) is equal to -50 billion, then:
 a. Fiscal policy must be expansionary.
  b. Fiscal policy could be expansionary, contractionary, or neutral.
  c. Monetary policy must be expansionary.
  d. Fiscal policy must be contractionary.

[14vl19]

Answer to Question 1

.D

Answer to Question 2

.B