46. State and explain instruments of fiscal policy
Answers
Answered by
2
Explanation:
ANSWER ✍️
Instruments of Fiscal Policy:
The tools of fiscal policy are taxes, expenditure, public debt and a nation's budget. They consist of changes in government revenues or rates of the tax structure so as to encourage or restrict private expenditures on consumption and investment.
hope this helps you!!
Answered by
1
Instruments of Fiscal Policy:
The tools of fiscal policy are taxes, expenditure, public debt and a nation's budget. They consist of changes in government revenues or rates of the tax structure so as to encourage or restrict private expenditures on consumption and investment.
Similar questions