Question
Consider the following actions by the Government:
- Cutting the tax rates.
- Increasing the government spending.
- Abolishing the subsidies.
Answer: Option D
Answer: (d)Fiscal stimulus - Government measures, normally involving increased public spending and lower taxation are aimed at giving a positive jolt to economic activity.
Was this answer helpful ?
Answer: (d)Fiscal stimulus - Government measures, normally involving increased public spending and lower taxation are aimed at giving a positive jolt to economic activity.
Was this answer helpful ?
More Questions on This Topic :
Question 1. Inflation is best described as ....
Question 6. Economic growth is usually coupled with
....
Latest Videos
Latest Test Papers
Submit Solution