Fiscal policy, Business 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.

Posted Date: 10/17/2012 3:37:04 AM | Location : United States

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