Fiscal policythe governments use of spending and taxation, Ask an Expert

Economics

Fiscal Policy

The government's use of spending and taxation to affect the stage of macroeconomic moment. In theory, weak economic activity needs simulative fiscal policy, which is delivered in the form of tax cuts or spending raises or both. Restrictive fiscal policy, used to suppress robust economic activity, can come in the form of tax raises, spending cuts, or both.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9512174

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