Question on: JAMB Economics - 2018
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
Ask EduPadi AI for a detailed answer
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.
Add your answer
Please share this, thanks!
No responses