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Main constituents of the fiscal policy

prepare a paper on macroeconomics with emphasis on fiscal policy that includes a description of what "conscious fiscal policy" means as well as describing how the tools are used to accomplish it.

How automatic stabilzers work for fluctuations in the economy (unemployment compensation and progressive income taxes). While politicians are arguing over changes in law, taxes are being taken and expenditures are being made. I would think "conscious fiscal policy" is the economy is always affected by congressional actions even if it is past legislatures' decisions. If I am correct, what tools are used to accomplish conscious fiscal policy?

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M925018

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