1. Which of the following is NOT included to the main goals of Fiscal Policy?

2. Fiscal Policy is an economic stabilizer that focuses on government expenditure and taxation

3. The goals of Fiscal Policy are achievable

4.  What fiscal policy should be applied in an economic situation where there is low production and low employment rate?

5. If the government creates jobs such as the construction of roads. What fiscal policy is being applied?

6. What fiscal policy should be applied in an economic situation where there is high production and high employment?

7. Having a high employment rate and high production is good for the economy

8. Decreasing government spending is a strategy of what fiscal policy?

9. Cutting taxes is a strategy of what fiscal policy?

Given the economic situation of the Philippines in the 4th quarter of the year 2020 where the GDP of the Philippines shrinks to 9.5%. What is the BEST fiscal policy that should be applied by the economic polymakers?