A government change in fiscal policy may involve an increase in the tax load in the construction industry to stimulate the economy.

Question

Quizplus · Accepted Answer

Increasing the tax load in the construction industry would likely have the opposite effect on the economy by reducing business activity and potentially leading to job losses. A more common approach to stimulate the economy would be to decrease tax burdens on businesses or increase government spending on infrastructure or social programs.

A Government Change in Fiscal Policy May Involve an Increase