The country of Ukanturk has been facing an economic downturn for two consecutive years. To revive the financial condition of the country, its government tries to influence the economy through taxation and spending decisions that are designed to encourage growth and increase employment. In this scenario, the government of Ukanturk is implementing its _____.

Question

Quizplus · Accepted Answer

Fiscal policy involves government decisions on taxation and spending to influence economic conditions, such as encouraging growth and increasing employment.

The Country of Ukanturk Has Been Facing an Economic Downturn