In economics and political science, fiscal policy is the use of government revenue collection (mainly taxes) and expenditure (spending) to influence the economy. According to Keynesian economics, when the government changes the levels of taxation and government spending, it influences aggregate demand and the level of economic activity. Fiscal pol...
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Any macroeconomic policy involving the levels of government purchases, transfers, or taxes, usually implicitly focused on domestic goods, residents, or firms. A fiscal stimulus is an increase in purchases or transfers or a cut in taxes.
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Means by which a government can influence the national economy through changes in tax and public spending
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measures employed by governments to stabilize the economy, specifically by manipulating the levels and allocations of taxes and government ... [10 related articles]
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Government spending and taxing for the specific purpose of stabilizing the economy.
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The use of government spending and taxing for the specific purpose of stabilizing the economy.
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The stance taken by government with regard to its spending or taxation with a view to influencing the level of economic activity. An expansionary (or reflationary) fiscal policy could mean: 1...cutting levels of direct or indirect tax 2...increasing government expenditure
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That part of government policy concerning
taxation and other revenues,...
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An alternative to a bond trust deed. Unlike the trustee, the fiscal agent acts as a representative o
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A government policy to regulate a nation's annual economic activity by setting tax levels and determining government expenditure
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The use of spending and taxation by the government in order to achieve its economic objectives, such... <a target=_blank href='http://www.finance-glossary.com/terms/fiscal-policy.htm?id=563&ginPtrCode=00000&PopupMode=false' title='Read full definition of fiscal policy'>more</a>
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Fiscal policy is the use of government spending to influence macroeconomic conditions. John Keynes advocated the encouragement of public works in order to create employment during recessions, arguing that fiscal policy would be more effective than monetary policy. Fiscal policy was actively pursued to sustain full employment in the post-war years; ...
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[
n] - a government policy for dealing with the budget (especially with taxation and borrowing)
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noun a government policy for dealing with the budget (especially with taxation and borrowing)
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That part of government policy concerning taxation and other revenues, public spending, and government borrowing (the public sector borrowing requirement)
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Fiscal policy is the government?s way of monitoring and affecting the economy by adjusting spending limits and tax rates. In other words, it?s how the government influences the economy.
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