Fiscal Policy
Government spending policies that influence macroeconomic conditions. These policies affect tax rates, interest rates and government spending, in an effort to control the economy. Investopedia Says:
Since the 1980s, most western countries have held a "tight" policy, limiting public expenditure. Related Terms:
Equity-Efficiency Tradeoff
Fiscal Capacity
Fiscal Deficit
Income Tax
Interest Rates
Macroeconomics
Monetary Policy
Reflation
Ricardian Equivalence |