Teaching RPSC Assistant Professor Mock Test Series 2024-25 General Knowledge Economy Money and Banking
Consider the following statements related to the Pro-cyclical Fiscal Policy stance during an economic boom,
1. This increases the consumption potential of the economy and amplifies the economic boom.
2. In this fiscal policy stance, the government also increases the tax rates.
Which of the statements given above is/are incorrect?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2
5
Question Not Attempted