Monetary Policy
Quick practice
Question 1 of 5
Which of the following statements are correct?
1. An increase in government spending and/or a decrease in taxes is a contractionary Fiscal Policy.
2. a decrease in government spending and/or tax increases is an expansionary Fiscal Policy.
Options:
A
Only 2
B
Neither 1 nor 2
C
Both 1 and 2
D
Only 1
Get unlimited practice with Karnataka PSC subscription
Boost your performance with adaptive practice tests
Practice every concept in the syllabus
Compare your speed and accuracy with your peers
Download the app and practice on the go