Question
Which of the following statements regarding fiscal policy and the budget is/are correct? a) A country's budget is the main instrument of fiscal policy b)
Which of the following statements regarding fiscal policy and the budget is/are correct?
a) A country's budget is the main instrument of fiscal policy
b) Budget outlines government spending plans and tax rates to be levied on taxpayers.
c) Political decisions about government spending plans are reflected in the budget.
[1] a
[2] b
[3] a and b
[4] a, b and c
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Accounting For Governmental And Nonprofit Entities
Authors: Jacqueline Reck, Suzanne Lowensohn, Daniel Neely
19th Edition
1260118851, 9781260118858
