Which of the following is used to counter recession as part of Expansionary Fiscal Policy?

CA Foundation · Business Economics · MTP · September 2024
Which of the following is used to counter recession as part of Expansionary Fiscal Policy?
(A) A. Increase in interest rate.
(B) B. Decrease in Taxes
(C) C. Deficit Financing
(D) D. Both b & c

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. Both b & c

Topics: Public Finance

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic