If Fiscal Policy is trying to promote stability and economic growth through tax cuts, what type of policy is Fiscal policy using?
اگر مالیاتی پالیسی ٹیکس میں کٹوتیوں کے ذریعے استحکام اور اقتصادی ترقی کو فروغ دینے کی کوشش کر رہی ہے، تو مالیاتی پالیسی کس قسم کی پالیسی استعمال کر رہی ہے؟
Answer: Expansionary Fiscal Policy
Explanation
- If fiscal policy is trying to promote stability and economic growth through tax cuts, it is using expansionary fiscal policy.
- Expansionary fiscal policy involves increasing government spending and/or reducing taxes to stimulate economic growth and boost aggregate demand.
This question appeared in
Past Papers (2 times)
Lecturer Economics Past Papers and Syllabus (1 times)
SPSC Past Papers (1 times)
This question appeared in
Subjects (1 times)
GENERAL KNOWLEDGE (1 times)
Related MCQs
- Fiscal policy addresses :
- Which of the following is a tool of fiscal policy?
- Ali got a life insurance policy of Rs. 500,000. Rate of annual premium at 4.5% of the total amount of the policy whereas the policy fee is at the rate of 0.25%. Find the annual premium of the policy?
- Pakistan has signed signed a $300 million policy-based loan to help promote macroeconomic stability through improved trade competitiveness with which international organization?
- Choose the correct sentence: The new policy will affect everyone in the department., The new policy will effect everyone in the department., The new policy will have a positive affect on morale., None of these
- Which of the following was reviewed as part of the policy inputs for the Hajj policy?
- Agriculture occupies a significance position in the starting of economic development in Pakistan and policy measures must be devised to improve and achieve higher rate of growth because
- Identify the sentence with semantic error. The new policy has been implemented to increase the company's profits, but it has had a detrimental effect on the employees' morale, which has subsequently led to a decrease in productivity, thereby negating the initial purpose of the policy.
- The World Bank has forecast Pakistan’s economic growth rate in fiscal year 2021?
- Global Economic Prospects report 2022, by the World Bank forecasts _______% growth rate for Pakistan in the current fiscal year (2021-22)?