- 5 Marks
TF – May 2018 – L3 – Q1b – Tax planning
Explain five goals of government spending as a fiscal policy instrument.
Question
One of the factors that helps determine the country’s economic direction is fiscal policy. Government uses fiscal policy to influence the economy by adjusting revenue and spending levels.
Required:
Identify and explain FIVE goals of government spending as a fiscal policy instrument.
(10 marks)
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