The expenditure and revenue policy of the government is _____.

monetary policy

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fiscal policy

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liberalization policy

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globalization

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Solution

The correct option is B fiscal policy

Fiscal policy is the means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy. It is the sister strategy to monetary policy through which a central bank influences a nation's money supply.

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When the government expenditure exceeds the government revenue, it leads to a

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