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JAMB Economics 2008 Objective — Question 32

Question 32 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2008 Objective paper, with the correct answer and a full explanation.

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

  • A. a budget policy
  • B. fiscal policyCorrect
  • C. revenue allocation
  • D. monetary policy

Explanation

The use of government revenue and expenditure to control the aggregate variables is known as fiscal policy.

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