Which of the following fiscal measures is used to get the economy out of recession?
Increasing government expenditure is an expansionary fiscal measure used to support demand during a recession. Its effectiveness depends on economic conditions; it is not a…
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Which of the following fiscal measures is used to get the economy out of recession?
Answer and explanation
Correct answer A
Increasing government expenditure is an expansionary fiscal measure used to support demand during a recession. Its effectiveness depends on economic conditions; it is not a guarantee of recovery by itself.
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RPSC Sub Inspector Combined Competitive Examination