What does fiscal policy include

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asked Dec 5, 2018 162k views

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Bonesh · Answer 1 · 2018-12-06T07:11:25+0000

''Fiscal policy'' refers to the actions (e.g., raising or cutting taxes, spending or saving money) that a sovereign government can partake in that will affect the economy.

Contrast that with ''monetary policy'', where banks (e.g., The Federal Reserve Banks) increase or decrease the amount of money ''out there'' in the marketplace in order to affect the economy.

What does fiscal policy include

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