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The use of government income and expenditure instrument to regulate the economy is termed______

Economics
JAMB 2019

The use of government income and expenditure instrument to regulate the economy is termed______

  • A. monetary policy
  • B. physical policy
  • C. fiscal policy
  • D. public finance
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Correct Answer: Option C
Explanation

Fiscal policy is used to control inflation, deflation, unemployment, Economic recession.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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