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Question
Consider the following actions by the government.
  1. Cutting the tax rates
  2. Increasing the government spending
  3. Abolishing the subsidies
In the context of economic recession, which of the above actions can be considered a part of the ‘fiscal stimulus’ package?
Options:
A .  Only 2
B .  1 and 3
C .  1 and 2
D .  1, 2 and 3
Answer: Option C
Answer: (c)

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