Question
What is the primary goal of implementing expansionary
fiscal policy during a recession? Read the following paragraph and answer the question that follows: "Fiscal policy refers to the use of government spending and taxation to influence the economy. During periods of high inflation, a government may adopt contractionary fiscal policy by decreasing public spending, increasing taxes, or both, to reduce economic activity and control inflation. The effectiveness of fiscal policy depends on various factors, including the state of the economy, the level of government debt, and the responsiveness of consumers and businesses to changes in fiscal measures."Solution
The primary goal of implementing expansionary fiscal policy during a recession is to stimulate economic activity by increasing public spending, reducing taxes, or both.
What is the primary purpose of innovation in entrepreneurship?
Which Indian government scheme aims to provide credit facilities to small and microenterprises in the manufacturing and service sectors?
Which Indian government initiative focuses on promoting innovation and entrepreneurship among students in schools and colleges?
Which of the following is NOT a stage in the innovation process?
Which of the following is NOT a characteristic of entrepreneurial mindset?
Which of the following are good sources of new business ideas?
Which of the following is not a source of innovation?
Which of the following is NOT a characteristic of successful entrepreneurs?
What is the term used to describe the process of acquiring or merging with another company to achieve growth or strategic objectives?
Which Indian government scheme focuses on providing financial assistance and business development services to women entrepreneurs?
