Question

Fiscal incentives such as tax deductions and subsidies help resource mobilisation by:

• A. Discouraging private investment
• B. Lowering the government's budget deficit
• C. Encouraging private savings and investments
• D. Increasing direct government control over businesses

Answer 1

Answer:

C. Encouraging private savings and investments

• Fiscal incentives like deductions and subsidies motivate individuals and businesses to save and invest, expanding resources available for economic activities