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Which of the following is included in fiscal policy?
Public Expenditure
Tax
Public Debt
All of these
- Fiscal policy involves government actions that influence the economy by adjusting spending levels and tax rates.
- Public Expenditure: Refers to government spending on goods and services, infrastructure, and welfare programs to stimulate economic growth.
- Tax: Involves setting tax rates to control inflation, regulate consumption, and affect economic activity.
- Public Debt: Concerns managing the government’s borrowing to fund expenditures and control the money supply.
Option:4 - All of these is correct because all mentioned elements are integral parts of fiscal policy.
By: santosh ProfileResourcesReport error
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