it is known as fiscal policy
The government makes all the decisions because the government does all the spending and taxation to provide jobs and services and he also influences on the economic growth
The government makes all the decisions because the government does all the spending and taxation to provide jobs and services and he also influences on the economic growth
Fiscal Policy :)
fiscal policy
government spending and taxation
Fiscal policy is the use of government revenue collection (taxation) and expenditure (spending) to influence the economy
Stability Fiscal policy, which is controlled by the amount of taxation and the amount of government spending.
Stability Fiscal policy, which is controlled by the amount of taxation and the amount of government spending.
Stability Fiscal policy, which is controlled by the amount of taxation and the amount of government spending.
Stability Fiscal policy, which is controlled by the amount of taxation and the amount of government spending.
fiscal policy
Government spending and taxation significantly influence economic production and employment by altering aggregate demand. Increased government spending can stimulate economic activity by funding infrastructure projects, public services, and social programs, leading to job creation and higher production levels. Conversely, higher taxes can reduce disposable income for consumers and businesses, potentially dampening spending and investment, which may negatively impact employment and overall economic growth. The balance between these two can determine the health of the economy.