Question

Select the proper option from the options given below and rewrite the sentences.

Changes in the fiscal policy of the Government is an aspect of _________ Environment.

a) Political
b) Social
c) Economic

Answer 1

Changes in the fiscal policy of the Government is an aspect of Economic Environment

Explanation:
Fiscal policies are the policies related to the expenditures and revenues of the government. Fiscal policy is designed to stabilise the economy of a country and hence is an aspect of Economic Environment. Thus, any change in the fiscal policy can influence and alter the economic environment of a country.
The correct option is C.