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.
state and local government policies might interfere with the intended outcome of federal policies
fiscal policy OBJ. in relation to taxation policy and expenditure policy
the need for discretionary spending
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.
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They could conflict because of differing ideas on what will resolve stagflation. The fiscal policy may be spending money to meet the programs for the government. The monetary policy may be trying to decrease business involved in the fiscal policy. Actions meant to lower inflation may worsen the stagflation. It is sometimes difficult to reverse stagflation once it has begun.
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.
The limits to fiscal policy are difficulty of changing spending levels, predicting the future, delayed results, political pressures and coordinating 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.