The use of income and expenditure instruments o... - JAMB Economics 2018 Question
The use of income and expenditure instruments or policies to control or regulate the economic activities of a country is known as?
A
Revenue generation
B
Economic development
C
Fiscal Policy
D
Taxation
correct option: c
Fiscal policy is the use of income and expenditure instruments or policies to control or regulate the economic activities of a country. It is a plain action by government pertaining to the raising of revenue through taxation and other means and the pattern of expenditure to be applied.
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