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Question
Instruments of fiscal policy is:
Options
taxation
public expenditure
public debt
All of the above
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Solution
All of the above
Explanation:
Instruments of fiscal policy include taxation, public expenditure, and public debt. These are the tools the government uses to influence the economy.
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RELATED QUESTIONS
Instrument of monetary policy is:
Observe the relationship of the first pair of words and complete the second pair:
Tax paid by person on whose it is imposed : Direct tax.
A tax is paid by some person and the final burden is born by some other person : ______.
The state can promote economic development by ______.
Identify the tax which is most likely to faster civic conciousness.
Match the following:
| Column I | Column II | ||
| A. | Impact of tax | (i) | Price stability |
| B. | Incidence of tax | (ii) | Simple to calculate |
| C. | Objective of Monetary Policy | (iii) | Ultimate burden of tax |
| D. | Proportional tax | (iv) | Original imposition of tax |
'The role of the State is important in developing the economic infrastructure of a developing economy'. Give two reasons to support your answer.
Citing reason state the advantage of a direct tax over an indirect tax.
Briefly explain why direct taxes foster civic consciousness among people.
What are progressive taxes.
Citing reasons state the superiority of Progressive tax over regressive tax.
