Fiscal Policy

Essay specific features

 

Issue:

Business

 

Written by:

Rosalie M

 

Date added:

March 8, 2016

 

Level:

University

 

Grade:

B

 

No of pages / words:

8 / 2023

 

Was viewed:

5331 times

 

Rating of current essay:

 
Essay content:

Among these tools are the fiscal policy and monetary policy. This report discusses the fiscal policy and why the governments use this too to stabilize the economy and encounter the economic fluctuations. Definition Fiscal policy is a macroeconomic tool used by the government through the control of taxation and government spending in an effort to affect the business cycle and to achieve economic objectives of price stability, full employment and economic growth...
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By imposing taxes, the government receives revenue from the public which means the assets have been transferred from the public to the government. On the other hand, when the government spends money it transfers assets from itself to the public. So these two tools can be considered as opposite policies...
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