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.
Which of the following wetlands are designated as Ramsar sites in India?
(a) Chilka Lake
(b) Loktak
(c) Keoladeo
(d)...
Which countries does the Somali Current flow past in the Western Indian Ocean?
The hill range that separates the State of Manipur from the State of Nagaland is known as:
Which ocean forms the western and southern boundaries of Portugal?Â
On December 22, which location experiences the longest day and shortest night?
Which is the fifth highest mountain in the world?
Where is Lake Baikal located?
Machkund Hydroelectric Project is a joint venture of which states?
Identify the largest freshwater lake in the world:
Consider the following statements:
1. The La Nina is the “cool phase” of El Nino-Southern Oscillation (ENSO).
2. The La Nina event hap...
