Economics · Fiscal Policy
Which of the following is a major objective of deficit financing by a government in a developing economy?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To decrease the overall money supply
- 2To stimulate economic growth and development✓
- 3To control the circulation of black money
- 4To reduce market inflation
Correct answer
To stimulate economic growth and development
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