What does fiscal policy mean?
Definitions for fiscal policy
fis·cal pol·i·cy
This dictionary definitions page includes all the possible meanings, example usage and translations of the word fiscal policy.
Princeton's WordNet
fiscal policynoun
a government policy for dealing with the budget (especially with taxation and borrowing)
Wiktionary
fiscal policynoun
Government policy that attempts to influence the direction of the economy through changes in government spending or taxes.
ChatGPT
fiscal policy
Fiscal policy refers to the use of government revenue collection and expenditure to influence a country's economy. It is typically managed by the government's finance department and involves adjustments in government spending and tax rates. The primary goals of fiscal policy are to stimulate economic growth, manage inflation, control unemployment levels, and stabilize business cycles. Fiscal policy can be categorized into two types: expansionary (aimed at stimulating the economy via government spending or tax cuts) and contractionary (aimed at reducing inflation or correcting budget deficits via spending cuts or tax hikes).
Wikidata
Fiscal policy
In economics and political science, fiscal policy is the use of government revenue collection and expenditure to influence the economy. The two main instruments of fiscal policy are changes in the level and composition of taxation and government spending in various sectors. These changes can affect the following macroeconomic variables in an economy: ⁕Aggregate demand and the level of economic activity; ⁕The distribution of income; ⁕The pattern of resource allocation within the government sector and relative to the private sector. Fiscal policy refers to the use of the government budget to influence economic activity.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of fiscal policy in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of fiscal policy in Pythagorean Numerology is: 4
Examples of fiscal policy in a Sentence
The Fed would prefer to know the stance of fiscal policy before committing to a direction for monetary policy.
Next week the focus will shift to fiscal policy, a debt ceiling crisis in late-October could even delay the Fed’s taper plans.
If you look at our fiscal policy, it is true, the deficit has gone down, and down by a remarkable amount.
The real issue has always been our unsustainable fiscal policy ... it was a problem before the recession and it's still a problem.
They are appropriate but in terms of fiscal policy the appropriate action is to make sure that as long as the economy continues to grow, we balance our budget.
Translations for fiscal policy
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"fiscal policy." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/fiscal+policy>.
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