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Consider the following actions by the government. 1. Cutting the tax rates. 2. Increasing the government spending. 3. Abolishing the subsidies. [CSE (Pre) 2010] In the context of economic recession, which of the above actions can be considered a part of the 'fiscal stimulus' package?

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Consider the following actions by the government. 1. Cutting the tax rates. 2. Increasing the government spending. 3. Abolishing the subsidies. [CSE (Pre) 2010] In the context of economic recession, which of the above actions can be considered a part of the 'fiscal stimulus' package?






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