JAMB Economics 2022 Objective — Question 4
Question 4 of 40 from the Joint Admissions and Matriculation Board (JAMB) Economics 2022 Objective paper, with the correct answer and a full explanation.
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Which of the following policies has more impact in regulating the economy?
- A. Fiscal policy
- B. Coordinated federal, state and local fiscal policiesCorrect
- C. Tax and revenue policies of state governments
- D. Federal grants to state and local governments
Explanation
A more coordinated fiscal policy among the federal, state and local governments will have more impact on the economy than when a single tier of government acts alone.
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