Which among the following steps is most likely to be taken a

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Which among the following steps is most likely to be taken at the time of an economic recession?

I.A.S. (Pre) 2021

[Fiscal Policy, Inflation Planning and Banking]

Cut in tax rates accompanied by increase in interest rate

Increase in expenditure on public projects

Increase in tax rates accompanied by reduction of interest rate

Reduction of expenditure on public projects

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