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Which of the following actions can be included in the fiscal policy of the government?


1. Reducing the income tax rate


2. Increasing the salaries of Government employees


3. Reducing the repo rate of the RBI


Choose from the following options.

  • a)
    1 and 2 Only

  • b)
    2 and 3 Only

  • c)
    1 and 3 Only

  • d)
    All of them

Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Which of the following actions can be included in the fiscal policy of...
Fiscal policy is also defined as changes in government expenditures and taxes that are designed to achieve macroeconomic policy goals (such as growth, employment, investment, etc.).
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Which of the following actions can be included in the fiscal policy of the government?1. Reducing the income tax rate2. Increasing the salaries of Government employees3. Reducing the repo rate of the RBIChoose from the following options.a)1 and 2 Onlyb)2 and 3 Onlyc)1 and 3 Onlyd)All of themCorrect answer is option 'A'. Can you explain this answer?
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