WAEC Economics 2022 Objective — Question 40
Question 40 of 50 from the West African Examinations Council (WAEC) Economics 2022 Objective paper, with the correct answer and a full explanation.
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Fiscal policy measures imply a change in
- A. only taxation to control aggregate demand
- B. bank rates to influence lending
- C. only government expenditure to regulate an economy
- D. government revenue and expenditure to regulate an economyCorrect
Explanation
Fiscal policy involves the use of government revenue (taxation) and expenditure to regulate/influence the economy — not taxation or expenditure alone.
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