Economics · Fiscal Policy
Consider the following government actions: 1. Cutting the tax rates2. Increasing government spending3. Abolishing subsidies In the context of an economic recession, which of the above actions can be considered part of a 'fiscal stimulus' package?
- 11, 2 and 3
- 21 and 3 only
- 32 only
- 41 and 2 only✓
Correct answer
1 and 2 only
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