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What is the purpose of fiscal policy?
  • a)
    Control the money supply in the economy
  • b)
    Regulate the flow of foreign direct investments
  • c)
    Manage government spending and taxation
  • d)
    Control the inflation rate
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the purpose of fiscal policy?a)Control the money supply in the...
Fiscal policy is used by the government to manage its spending and taxation to influence the overall economic activity and achieve specific economic objectives.
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What is the purpose of fiscal policy?a)Control the money supply in the economyb)Regulate the flow of foreign direct investmentsc)Manage government spending and taxationd)Control the inflation rateCorrect answer is option 'C'. Can you explain this answer?
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