asked 162k views
2 votes
What does fiscal policy include

2 Answers

6 votes
''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.
answered
User Bonesh
by
9.0k points
4 votes

Answer:

changes in government spending and taxation

Step-by-step explanation:

answered
User Garrett Motzner
by
8.3k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.