Which among the following steps is most likely to be taken at the time of an economic recession?...

Question

Which among the following steps is most likely to be taken at the time of an economic recession?

Accepted Answer

Sign up to view the correct answer and detailed explanation.

Answer

Reduction of expenditure on public projects

Answer

Increase in expenditure on public projects

Answer

Cut in tax rates accompanied by increase in interest rate

Answer

Increase in tax rates accompanied by reduction of interest rate