【每日一练】ACCA F9( Dec 2014)
Please use the space provided on the inside cover of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question.
Each question is worth 2 marks
Governments have a number of economic targets as part of their fiscal policy.
Which of the following government actions relate predominantly to fiscal policy?
1 Decreasing interest rates in order to stimulate consumer spending
2 Reducing taxation while maintaining public spending
3 Using official foreign currency reserves to buy the domestic currency
4 Borrowing money from the capital markets and spending it on public works
A 1 only
B 1 and 3
C 2 and 4 only
D 2, 3 and 4
Answer:
C
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