Question

The long-term fiscal policy aims to maintain the stability of which of the following?

Q: Answer-The long-term fiscal policy aims to maintain the stability of which of the following?

A stable ratio of tax revenue to national income ensures that the governments revenue grows in proportion to the overall economy, supporting consistent funding for public services without excessive tax increases.

A Direct tax rates

B The ratio of tax revenue to national income

C Indirect tax rates

D The ratio of government expenditure to GDP

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The long-term fiscal policy aims to maintain the stability of which of the following?

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