Economics · Fiscal Policy
Which of the following statements is NOT true regarding fiscal policy?
- 1Fiscal policy is aligned with the general economic growth strategy of the country.
- 2Fiscal policy includes taxation policy, public expenditure policy, and public debt management.
- 3Fiscal policy primarily deals with the aggregate supply of money in the economy and interest rates regulated by the central bank.✓
- 4The government formulates and implements fiscal policy.
Correct answer
Fiscal policy primarily deals with the aggregate supply of money in the economy and interest rates regulated by the central bank.
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