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Alenkinab [10]
3 years ago
8

The World View article in the text titled "China Sets Big Stimulus Plan in Bid to Jump-Start Growth" states that China's plan in

cludes spending in housing, infrastructure, and agriculture, as well as a tax deduction for capital spending by companies. This is an example of
English
1 answer:
nirvana33 [79]3 years ago
6 0

Answer:

Fiscal stimulus

Explanation:

Fiscal stimulus occurs when<u> taxes or spending hikes are reduced or increased</u> in order to boost demand and promote economic development. Besides, it is usually put to work to provide financial support to a declining business or economy so that it is protected from bankruptcy.

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