JAMB Economics 2020 Objective — Question 46

Question 46 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2020 Objective paper, with the correct answer and a full explanation.

A fiscal policy instrument that can influence the demand pattern in an economy is a

A. government spendingCorrect
B. interest rate
C. income tax
D. tariff

Explanation

Government spending is a fiscal policy tool that can directly shift the demand pattern in an economy.

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