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
Correct Answer: C
Explanation
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.