The control of aggregate demand through changes in government spending and tax rates is referred to as?

By: |Published on: Nov 7|Categories: Economics WAEC| 0 comments

A. monetary policy
B. government policy
C. income policy
D. fiscal policy

Correct Answer: Option D

D. fiscal policy

Explanation

In economics and political science, fiscal policy is the use of government revenue collection (mainly taxes) and expenditure (spending) to influence the economy.

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