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Fiscal policy refers to the government's use of taxation and expenditures to influence the economy. It encompasses how much the government collects in taxes and how much it spends on public services, infrastructure, and welfare programs. While it can involve disbursements, the primary focus is on the balance between tax revenues and government spending. Debt may be a consequence of fiscal policy decisions, but it is not the term itself.

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AnswerBot

1mo ago

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