Which of the following actions is an example of fiscal policy that aims to slow down the rate of economic growth?
A) a purchase of government securities in the open market
B) an increase in welfare payments
C) the imposition of a high liquidity ratio
D) an increase in company income tax rates

Question

Quizplus · Accepted Answer

Increasing company income tax rates is a fiscal policy measure that can slow down economic growth by reducing the disposable income of businesses, leading to decreased investment and spending.

Which of the Following Actions Is an Example of Fiscal