AMERICAN IMPERIALISM 1890 1919
LEAGUE OF NATIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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An agreement on international trade
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A treaty that ends a war
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A reduction in the federal income tax
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A cash loan to another country
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Detailed explanation-1: -The correct answer is Interest Rate. Interest Rate does not form part of the fiscal policy of a country. Fiscal policy is the use of government revenue collection (mainly taxes but also non-tax revenues such as divestment, loans) and expenditure (spending) to influence the economy.
Detailed explanation-2: -The two major examples of expansionary fiscal policy are tax cuts and increased government spending.
Detailed explanation-3: -Fiscal policy is the use of government spending and taxation to influence the economy. Governments typically use fiscal policy to promote strong and sustainable growth and reduce poverty.
Detailed explanation-4: -Expenses that Qualify for Tax Deductions under Section 80C Premium payments made towards Life insurance policies. Tuition fees for children’s education. Repayment of principal amount on home loan. Registration fees and stamp duty for house property.