QUESTION

Easy

Economy

Prelims 2011

Which one of the following statements appropriately describes the “fiscal stimulus”?

Select an option to attempt

Explanation

Fiscal stimulus is essentially an increase in public spending or a reduction in the level of taxation that might be performed by a government to encourage and support economic growth.

  • Fiscal stimulus may refer to either greater public spending or tax cuts. In both cases, the government aims to boost economic growth.

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