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Not being trained in this field I would venture the following from some experience: Firstly, both are about resources of the money kind. Fiscal policy could be confined to a financial year (or policy for a 12 month period) or policies applied to financial years. Whislt Financial policy could be generic for any policy involving money
What else can I help you with?
What is the difference between fiscal monetary and supply-side economics policy?
The fiscal policy focuses on how government intervention will shift the demand depending on which issue is the most pressing. The supply policy is used when more employment is needed.
What is the relationship between fiscal policy and the budget?
Fiscal policy refers to the government's use of taxation and spending to influence the economy, while the budget is a detailed financial plan that outlines these fiscal policies. The budget reflects the government's fiscal policy decisions, detailing projected revenues and expenditures for a specific period. Essentially, fiscal policy guides the creation of the budget, and the budget serves as a tool for implementing fiscal policy objectives. Together, they play a critical role in managing economic activity and achieving policy goals.
Difference between fiscal and monetary policy?
Monetary policy is one that containes money. this is the release and subsctraction of amount of money in economy by variuos tools (like loans to banks). Fiscal policy is government policy of taxation and subsidising (and goverment consumption). in lamens terms it is the taxing and wellfare of the nation.
Fiscal policy and its objectives?
fiscal policy OBJ. in relation to taxation policy and expenditure policy
What is a fiscal implication?
A fiscal implication refers to the financial consequences or effects that a particular policy, decision, or event has on government budgets, revenues, and expenditures. It can involve changes in taxation, spending, or borrowing that impact the overall fiscal health of a government. Understanding fiscal implications is crucial for policymakers as they assess the sustainability and effectiveness of their financial strategies.
What is the difference between automatic and discretionary fiscal policy?
Discretionary fiscal policy requires deliberate government action. Automatic fiscal policy occurs automatically without (additional) congressional action.
What is the difference between fiscal monetary and supply-side economics policy?
The fiscal policy focuses on how government intervention will shift the demand depending on which issue is the most pressing. The supply policy is used when more employment is needed.
What is the relationship between fiscal policy and the budget?
Fiscal policy refers to the government's use of taxation and spending to influence the economy, while the budget is a detailed financial plan that outlines these fiscal policies. The budget reflects the government's fiscal policy decisions, detailing projected revenues and expenditures for a specific period. Essentially, fiscal policy guides the creation of the budget, and the budget serves as a tool for implementing fiscal policy objectives. Together, they play a critical role in managing economic activity and achieving policy goals.
Difference between fiscal and monetary policy?
Monetary policy is one that containes money. this is the release and subsctraction of amount of money in economy by variuos tools (like loans to banks). Fiscal policy is government policy of taxation and subsidising (and goverment consumption). in lamens terms it is the taxing and wellfare of the nation.
What does fiscal mean?
Fiscal usually relates to matters of financial stature. Fiscal could also relate to taxes and government issues. The use of the word fiscal can be combined in conjunction with fiscal cliff, fiscal year, fiscal deficit, fiscal policy and fiscal parish.
Fiscal policy and its objectives?
fiscal policy OBJ. in relation to taxation policy and expenditure policy
What office enforces fiscal policy?
In the United States, the office that enforces fiscal policy is the Department of the Treasury, specifically through agencies such as the Internal Revenue Service (IRS) and the Financial Crimes Enforcement Network (FinCEN). The Treasury also works closely with the Federal Reserve to implement and oversee fiscal policy.
What is a fiscal implication?
A fiscal implication refers to the financial consequences or effects that a particular policy, decision, or event has on government budgets, revenues, and expenditures. It can involve changes in taxation, spending, or borrowing that impact the overall fiscal health of a government. Understanding fiscal implications is crucial for policymakers as they assess the sustainability and effectiveness of their financial strategies.
What has the author James McCormack written?
James McCormack has written: 'Financial market integration' -- subject(s): Economic policy, Fiscal policy, International trade 'The Japanese way: the relationship between financial institutions and non-financial firms' -- subject(s): Banks and banking, Finance, Financial institutions, Public Finance 'Murder at the Cappuccino Cup'
What is fiscal policy centered on?
Fiscal policy is a policy centered on ideas and research.
What is similarities and difference between Roosevelt Policy Wilson Policy and HowardTaft Policy?
They had the same concept that American business and financial interest should achieve an active international status
Who controls fiscal policy?
The president and congress together control the fiscal policy.
