Question : Fill in the blanks- Tax concessions is a part of ________.
Option 1: Reallocation of resource
Option 2: Reducing income inequalities
Option 3: Economic stability
Option 4: All of the above.
Correct Answer: Reallocation of resource
Solution : Tax concession is a part of relocation of resources. Government gave tax concession to encourage investment in the economy. Hence Option A is correct.
Question : Fill in the blanks- Directly producing goods and services is a part of ________.
Question : Which objective of government budget is highlighted here? During inflationary condition, government reduces aggregate demand by reducing their expenditure.
Question : Which objective of government budget is highlighted here? Budgetary policy involves maintaining income and wealth equality with the help of government.
Question : Which of the following are the objectives of government budget?
Question : Which objective of government budget is highlighted here? During deflation condition, government increases aggregate demand by increasing their expenditure.
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