McqMate
| Q. |
Taxation is a tool of - |
| A. | Monetary-policy |
| B. | Fiscal policy |
| C. | Price policy |
| D. | Wage policy |
| Answer» B. Fiscal policy | |
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Explanation: In economics, fiscal policy is the use of government revenue collection (taxation) and expenditure (spending) to influence the economy. The two main instruments of fiscal policy are government taxation and expenditure. |
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