Fiscal policy deals with government spending and ____________________. (8)
Monetary policy controls the amount of _______________ (5) in the economy and the interest rates.
The price for a particular consumer durable1 was quoted as $45,345.50 in error. The sales assistant had forgotten to add the VAT which was 17.5% at the time. What is the correct price inclusive of VAT?1. A consumer durable is long-lasting product.