Advertisements
Advertisements
Questions
Name any two instruments of Fiscal Policy.
What are the main instruments of fiscal policy? Name them.
Advertisements
Solution
Taxation Policy and Expenditure Policy are the main instruments of fiscal policy.
APPEARS IN
RELATED QUESTIONS
______ are those taxes which are paid by the same person on whom they have been imposed.
The government imposes tax ______.
Which of the following is an advantage of direct taxes?
Instruments of fiscal 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 : ______.
State two objectives of fiscal policy.
Distinguish between fiscal policy and monetary policy.
State the difference between income tax and expenditure tax.
An indirect tax can be made progressive by imposing higher tax rates on luxuries. Justify the above statement.
Explain briefly two merits of indirect tax.
