ECONOMICS
FISCAL POLICY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ economic growth, low unemployment, price stability, a balance in the balance of payments.
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____ economic growth, unemployment, low crime, a balance in the balance of payments.
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____ economic agreement, unemployment, low crime, a balance in the balance of payments.
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____ economic agreement, unemployment, low crime, freedom.
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Detailed explanation-1: -The primary objective of the fiscal policy is to regulate the case of economic stability, full employment and stabilize the growth rate. It is often optimized with monetary policy, including the banking system, the supply of money in circulation and the management of interest rates.
Detailed explanation-2: -The following are the objectives of the Fiscal Policy: Higher Economic Growth. Price Stability. Reduction in Inequality.
Detailed explanation-3: -Fiscal policy is a means to use government spending and taxation to influence the economic situation. It is different from the monetary policy that is under the control of the central bank in that country. Together these two policies can help a country to achieve its economic goals.
Detailed explanation-4: -IAS Exam Latest Updates Fiscal policy refers to the use of government spending and tax policies to influence economic conditions. There are three components to fiscal policy in India. They are Government receipts, Government expenditures and Public Debt. The Ministry of Finance formulates the fiscal policy.