chut
A contractionary fiscal policy refers to government measures to reduce its expenditure in order to close the inflationary gap. The government reduces the money in supply by effecting tax increases.
Counteracts the inflationary effect of the deficit in the operation balance
fiscal policy OBJ. in relation to taxation policy and expenditure policy
The president regulates the fiscal policy of India.
chut
A contractionary fiscal policy refers to government measures to reduce its expenditure in order to close the inflationary gap. The government reduces the money in supply by effecting tax increases.
by the amount of the Aggregate demand excess. known as the Inflationary gap
Counteracts the inflationary effect of the deficit in the operation balance
fiscal policy OBJ. in relation to taxation policy and expenditure policy
Fiscal policy is a policy centered on ideas and research.
The president and congress together control the fiscal policy.
The president regulates the fiscal policy of India.
This is a politically charged subject, so this is highly debatable. But, I will tell you it is generally more helpful to cut taxes in a recession and raise taxes in an inflationary period.The reason you want to cut taxes in a recession(or just stick with an expansionary fiscal policy) is to increase Aggregate Demand is gain a state of growth.You would want to raise taxes in an inflationary period(or just have a contradictory fiscal policy) is to decrease inflation which is probably caused by too much demand. China is a great example!
Yes these are same................
fiscal policy
The limits to fiscal policy are difficulty of changing spending levels, predicting the future, delayed results, political pressures and coordinating fiscal policy.