JAMB - Economics (2018 - No. 60)
The use of income and expenditure instruments or policies to control or regulate the economic activities of a country is known as?
Revenue generation
Economic development
Fiscal Policy
Taxation
Explicació
Fiscal policy is the use of income and expenditure instruments or policies to control or regulate the economic activities of a country. It is a plain action by government pertaining to the raising of revenue through taxation and other means and the pattern of expenditure to be applied.