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27 October, 13:16

What does fiscal policy most closely focus on?

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  1. 27 October, 13:25
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    The correct answer for the question that is being presented above is this one: "By definition, Fiscal Policy refers to the use of the government spending an taxation to influence the economy. Government spending and taxation are both fiscal policy tools as they directly affect the economy and GDP."
  2. 27 October, 13:31
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    Fiscal policy is the means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy. It is the sister strategy to monetary policy through which a central bank influences a nation's money supply.

    Explanation:

    Fiscal policy is the means by which a management coordinates its spending levels and tax rates to control and manipulate a nation's economy. It is the relative access to the monetary policy within which a central bank determines a nation's money stocks.
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