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Fiscal Policy
Government spending/taxation policy
Definition
Fiscal policy involves government decisions on spending and taxation to influence economic activity. Expansionary policy (deficits, tax cuts) stimulates growth, while contractionary policy (surpluses, tax increases) slows inflation.
Related Topics
#government policy
#economic stimulus
#deficit spending
#taxation
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Category: Macro
Macro economics studies large-scale economic factors including interest rates, GDP, inflation, and government policies.
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