Fiscal Policy And Its Instruments Jamb Economics Past Questions
Question 16
Taxes and government expenditures are instrument of?
- A. monetary policy
- B. tax policy
- C. economic policy
- D. fiscal policy
Question 17
If government increases in its expenditure on public works, the desired effect is
- A. a reduction in the use of capital equipment
- B. an increase in the level of emploment
- C. an increase in the level of inflation
- D. an increase in the use of capital equipment
Question 18
Deficit financing is mostly facilitated by the existence of?
- A. stock exchange market
- B. commercial bank
- C. central bank
- D. capital market
