Expansionary fiscal policy implies

Economics

WAEC 2024

A. decreasing bank loans.
B. raising tax rates.
C. increasing the bank rate.
D. decreasing tax rates.

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Correct Answer: Option D

Explanation

D: Expansionary fiscal policy means that the government wants money in the economy. Thus, one of the ways to do it is by decreasing taxes, this will make people to have more money in their hands.

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Expansionary fiscal policy implies

Correct Answer: Option D

Explanation

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