The use of government revenue and expenditure to achieve set objectives is known as

Economics

JAMB 2008

A. budget
B. fiscal policy
C. revenue allocation
D. monetary policy

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Correct Answer: Option B

Explanation

Fiscal policy refers to the use of government spending and tax policies to influence economic conditions such as aggregate demand for goods and services, employment, inflation, and economic growth.

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The use of government revenue and expenditure to achieve set objectives is known as

Correct Answer: Option B

Explanation

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