What is Fiscal Policy? Meaning, Tools, Methods, Importance, & FAQs

basics of fiscal policy

Meaning of Fiscal Policy Fiscal policy refers to a policy that is concerned with the effects of government expenditure, taxation, and public borrowing on output and employment. Fiscal policy is a policy concerning the receipts and expenditures of the government. It belongs to the budgetary policy of the government. It operates through changes in government … Read more