1.

Consider the following actions by the Government:1. Cutting the tax rates2. Increasing the government spending3. Abolishing the subsidiesIn the context of economic recession, which of the above actions can be considered a part of the fiscal stimulus package?

A. 1 and 2 only
B. 2 only
C. 1 and 3 only
D. 1, 2 and 3
Answer» B. 2 only


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