Table of contents 1. Introduction. Definition of Fiscal Policy. 2. Ways the government uses the Fiscal Policy. -Types of Fiscal policy and their uses -Effects of Fiscal policy changes -Other methods of controlling the economy 3. Conclusion. Definition of fiscal policies. "Fiscal policy is the use of the budget to achieve macroeconomic objectives such as full employment, sustained long-term growth and price stability". Fiscal policies can basically be described as a tool used by the government to control …
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showed last 75 words of 1782 total
…wages to government employees; value added taxes and social security benefits. When the government spends, it transfers wealth from itself to the populace. BIBLIOGRAPHY: 1.<Tab/>Economics, M. Parkin, M. Powell, K. Matthews, fifth edition, Addison Wesley Longman Limited 1997, England. 2.<Tab/>Economics, John Sloman, Fourth edition, Pearson Education LTD, 1991, England. 3.<Tab/>U.S. Monetary Policy: An Introduction, http://www.frbsf.org/publications/federalreserve/monetary/