Fiscal policy that can control inflation will include the...
Fiscal policy that can control inflation will include the use of
Balanced budgeting
Tax holidays
Budget deficit
Budget surplus
Correct answer is C
Fiscal policy involves the government changing tax and spending levels in order to influence the level of Aggregate Demand. To reduce inflationary pressures the government can increase tax and reduce government spending.
The two main components of fiscal policy are government revenue and government expenditure. In fiscal policy, the government controls inflation either by reducing private spending or by decreasing government expenditure, or by using both. It reduces private spending by increasing taxes on private businesses.
From the indifference curve above, consumer will prefer combination ...
Marginal cost can be derived from the ...
Which of these is NOT associated with the problem of internal trade? ...
Production is said to be completed when ...
In a given set of data, if the variance is 25, what is the standard deviation? ...
The inefficient distribution of scarce commodities in Nigeria is mostly due to the ...
Given that Y = C + I and C = bY where b = 0.8, what is the multiplier? ...