Which of the following is not one of the Fiscal Policy tools?
Correct Answer : d ) Private ConsumptionExplanation :
Fiscal policy of the government aims to control inflation, regulate demand for goods and services, increase economic growth, etc.
Fiscal policy tools are:
- Capital Expenditure
- Government Spending
- Direct Tax Policy
- Indirect Tax Policy
- Transfer Payments
Hence, option (d) is correct.
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