Governments do not influence fiscal policies, only monetary policy - Expansionary fiscal policy, where money is injected into the economy to create activity. - Contractionary fiscal policy, where money is withheld from the economy in the hope to control or even reduce inflation.
One of the major uses of government fiscal policy is to create stability in the economy. To curb inflation would be another use of fiscal policy.
The main goal of both fiscal and monetary policy is to stabilize the economy.
Fiscal policy is the controlling of money to have an overall influence of the economy. Fiscal policy is based on ideas from economist John Maynard Keynes.
When inflation increase
Governments do not influence fiscal policies, only monetary policy - Expansionary fiscal policy, where money is injected into the economy to create activity. - Contractionary fiscal policy, where money is withheld from the economy in the hope to control or even reduce inflation.
Which action would be a change in the government's fiscal policy
Discretionary fiscal policy requires deliberate government action. Automatic fiscal policy occurs automatically without (additional) congressional action.
One of the major uses of government fiscal policy is to create stability in the economy. To curb inflation would be another use of fiscal policy.
Fiscal policy is the use of government revenue collection (taxation) and expenditure (spending) to influence the economy
The main goal of both fiscal and monetary policy is to stabilize the economy.
Fiscal policy is the controlling of money to have an overall influence of the economy. Fiscal policy is based on ideas from economist John Maynard Keynes.
A reduction in government spending is consistent with a contractionary fiscal policy.
When inflation increase
Policy put in operation to strengthen the economy in the long run.
To stabilise a particular countries economy.
fiscal policy