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Which among the following steps is most likely to be taken at the time of an economic recession? | UPSC CSE Pre 2021 Solved PYQ | UPSCGPT
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UPSC CSE Pre 2021
Question #5
Monetary Policy
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Which among the following steps is most likely to be taken at the time of an economic recession?
A
Cut in tax rates accompanied by increase in interest rate
B
Increase in expenditure on public project
C
Increase in tax rates accompanied by reduction of interest rate
D
Reduction of expenditure on public projects
Pick an option above to test your answer
Reveal Answer ⌄
Subject:
Economy
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