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.
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fiscal policy OBJ. in relation to taxation policy and expenditure policy
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The president regulates the fiscal policy of India.
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.