The use of income and expenditure instruments or policies to control or regulate the economic activities of a country is known as?

  • A Revenue generation
  • B Economic development
  • C Fiscal Policy
  • D Taxation

The correct answer is C. Fiscal Policy

Fiscal policy is the use of income and expenditure instruments or policies to control or regulate the economic activities of a country.

It is a plain action by government pertaining to the raising of revenue through taxation and other means and the pattern of expenditure to be applied.

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