What is fiscal policy?

Government's revenue (taxation) and spending policy designed to (1) counter economic cycles in order ...

	Wednesday, March 18, 2015 fiscal policy   Term of the Day fiscal policy Government's revenue (taxation) and spending policy designed to (1) counter economic cycles in order to achieve lower unemployment, (2) achieve low or no inflation, and (3) achieve sustained but controllable economic growth. In a recession, governments stimulate the economy with deficit spending (expenditure exceeds revenue). During period of expansion, they restrain a fast growing economy ... Learn more about this term Usage Example Job growth has been hobbled by uncertainty over fiscal policy.   Featured Article Qualitative vs. Quantitative When analyzing a company from an investment perspective it is important to assess it from both a qualitative and a quantitative perspective. So what does this ... Read this article   Voice Your Opinion Where would you want to be at the end of this year?   Take us with you! Download the BusinessDictionary app today.
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