Question
Consider the following statements about fiscal
policy: 1. Fiscal policy involves government spending and taxation to influence the economy. 2. Counter-cyclical fiscal policy refers to reducing government spending during a recession. 3. Fiscal policy aims to achieve economic stability and growth. Which of the above statements are correct?Solution
Fiscal policy uses spending and taxation to stabilize and grow the economy (statements 1 and 3). Counter-cyclical fiscal policy increases spending during recessions to stimulate demand (statement 2 is incorrect).
What is the routing table in a router used for?
Arrange the following memory components in the memory hierarchy from the fastest to the slowest: Cache memory, Main memory (RAM), Hard disk.
Which database level is farthest to the users?
Which type of power plant generates electricity by converting the kinetic energy of wind into mechanical energy?
Which scheduling policy uses priority levels to determine the order of execution?
Which PHP function is used for connecting to a MySQL database?
What happens if an exception is thrown but not caught?
- What is a hybrid cloud?
A shift register is an example of a sequential circuit used for:
What is the purpose of the "self" parameter in a Python class method?