WAEC Economics 2017 Objective — Question 40
Question 40 of 50 from the West African Examinations Council (WAEC) Economics 2017 Objective paper, with the correct answer and a full explanation.
Advertisement
The control of aggregate demand through changes in government spending and tax rates is referred to as
- A. A. monetary policy
- B. B. government policy
- C. C. income policy
- D. D. fiscal policyCorrect
Explanation
Fiscal policy is a method or means of managing the economy using governmental tools of tax, spending etc.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.