Fiscal policy
Fiscal policy
Glossary of business
Definition of fiscal policy
Fiscal policy is changes in the levels of taxation and government expenditure to try to influence the level of economic activity. An expansionary (or reflationary) fiscal policy could mean cutting levels of direct or indirect tax or increasing government expenditure while a contractionary (or deflationary) fiscal policy might involve the government increasing taxation and cutting government expenditure.
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Terminology about business
Job world
Definition and meaning of fiscal policy
Meaning of fiscal policy
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