Fiscal policy can best be defined as the use of

Name: Fiscal policy can best be defined as the use of
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Fiscal policy involves the use of government expenditure, borrowing, and taxation to influence the business cycle. It is used to either stimulate economic growth or slow it down depending on the state of the economy. This policy can be used to increase government spending during a recession or decrease government spending during an economic boom to regulate the economy.

Fiscal Policy Can Best Be Defined as the Use of