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When the economic growth rate exceeds the long run growth potential.

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Q: When should the government implement restrictive fiscal policy?
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You can be more sure of success while implementing a restrictive fiscal policy than while implementing an expansionary fiscal policydiscuss?

If by "restrictive" you mean Government oversight and regulation and by "expansionary" you mean globalization and deregulation of the finance industry, then of course a restrictive policy is a safer bet.


Which action would be a change in the government's fiscal policy?

Which action would be a change in the government's fiscal policy


What is the government's policy on taxes is known as?

fiscal policy


The economic policy that manages the business cycle by changing government spending is called .?

fiscal policy


What is fiscal consolidation?

Fiscal consolidation is a policy aiming at reducing fiscal deficit of government .


What is the use of government spending as a form of economic policy especially when managing the business cycle.?

fiscal policy


What is one major use of government fiscal policy?

One major use of government fiscal policy is to allow the government to control its own spending on programs.


Why it is difficult to implement balanced fiscal policy?

Fiscal policies are used by the government to help manage the economy. A balanced fiscal policy means the same level of expenditure vs. revenue. So if there is more money, it means more expenses. This can seriously affect regular individuals as well as small and large businesses.


What is the meaning and objectives of Fiscal policy?

Fiscal policy is how the government taxes and spends money. The objective of fiscal policy is to influence the economic activity of the governmentâ??s country.


What is the aim of Fiscal policy?

One of the major uses of government fiscal policy is to create stability in the economy. To curb inflation would be another use of fiscal policy.


Who makes fiscal policy?

The government of a country.


Who is the party responsible for fiscal policy?

Government