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Management of the economy is performed through system of formulation and implementation of.........in the countryQuestion 3Answera.development policyb.capital policyc.fiscal policyd.planning policy

Question

Management of the economy is performed through system of formulation and implementation of.........in the countryQuestion 3Answera.development policyb.capital policyc.fiscal policyd.planning policy

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Solution

The management of the economy is performed through the system of formulation and implementation of fiscal policy in the country.

Here's why:

a. Development policy: While this is important, it is more focused on the social and economic development of a country rather than the management of the economy as a whole.

b. Capital policy: This is more related to the financial and investment sector of the economy, not the overall management.

c. Fiscal policy: This is the correct answer. Fiscal policy involves the use of government revenue collection (taxation) and expenditure (spending) to influence the economy. It is the primary method by which the government manages the economy.

d. Planning policy: This is more related to urban planning and development, not the overall management of the economy.

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Similar Questions

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Fiscal policy is concerned with:Question 2Answera.credit and spendingb.banking and insurancec.credit and bankingd.investments and insurancee.taxation and spending

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