Fiscal policy is the means by which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy.
Fiscal policy involves the decisions that a government makes regarding collection of revenue through taxation and about spending the revenue. It is often contrasted with monetary policy, in which a central bank (the Federal Reserve in the United States) sets interest rates and determines the level of money supply. Fiscal policy is a government's decisions involving raising revenue and spending it. The government raises revenue through taxation and borrowing and spends it on such things as infrastructure, entitlements, defense, and schools. The video is about Fiscal Policy. Fiscal Policy is a method which is used to keep inflation under control and to stabilize the economy. Fiscal Policy consists of taxation and Govt spending to keep the economy under control.  1 Kalimba by Mr. Scruff (Google Play • eMusic • iTunes • AmazonMP3).  Fiscal Policy. Fiscal policy is a government's decision regarding spending and taxing. If a government wants to stimulate growth in the economy, it will increase spending for goods and services. This will increase demand for goods and services. Two policy tools the government uses are fiscal policy and monetary policy. Fiscal policy is the decisions a government makes concerning government spending and taxation. If the government wants to engage in expansionary policy to encourage growth, it will increase government spending and decrease taxes. In economics and political science, fiscal policy is the use of government revenue collection (mainly taxes) and expenditure (spending) to influence the economy. Fiscal policy can be used to stabilize the economy over the course of the business cycle. By Reem Heakal AAA |. 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. Fiscal policy could also dictate a decrease in government spending and thereby decrease the money in circulation. Of course, the possible negative effects of such a policy in the long run could be a sluggish economy and high unemployment levels. Fiscal policy can be defined as government s actions to influence an economy through the use of taxation and spending. This type of policy is used when policy-makers believe the economy needs outside help in order to adjust to a desired point. Fiscal policy can be used in order to either stimulate a sluggish economy or to slow down an economy that is growing at a rate that is getting out of control (which can lead to inflation or asset bubbles). Monetary policy is typically implemented by a central bank, while fiscal policy decisions are set by the national government. However, both monetary and fiscal policy may be used to influence the performance of the economy in the short run. Basics.  Fiscal policy is very important to the economy. For example, in 2012 many worried that the fiscal cliff, a simultaneous increase in tax rates and cuts in government spending set to occur in January 2013, would send the U.S. economy back to recession. Fiscal policy could also dictate a decrease in government spending and thereby decrease the money in circulation. Of course, the possible negative effects of such a policy in the long run could be a sluggish economy and high unemployment levels. Fiscal Policy. In order to learn and understand fiscal policy or monetary policy it is important to whether an economy, no matter where it may be in the world, can self regulate, or whether it needs an outside influence in order to adjust. This is where Classical and Keynesian economics will come into play. Fiscal policy can be used in order to either stimulate a sluggish economy or to slow down an economy that is growing at a rate that is getting out of control (which can lead to inflation or asset bubbles). Fiscal policy and monetary policy are the two tools used by the state to achieve its macroeconomic objectives. While for many countries the main objective of fiscal policy is to increase the aggregate output of the economy, the main objective of the monetary policies is to control the interest and inflation rates.
http://study.com/academy/lesson/what-is-fiscal-policy-definition-effects-example.html http://www.youtube.com/watch?v=xzKZzoNLhUI http://study.com/academy/lesson/how-fiscal-policy-and-monetary-policy-affect-the-economy.html https://en.wikipedia.org/wiki/Fiscal_policy http://www.investopedia.com/articles/04/051904.asp http://economics.fundamentalfinance.com/fiscal-policy.php http://www.frbsf.org/education/publications/doctor-econ/2002/march/fiscal-monetary-policy/ http://www.investopedia.com/articles/04/051904.asp http://economics.fundamentalfinance.com/fiscal-policy.php https://en.wikipedia.org/wiki/Interaction_between_monetary_and_fiscal_policies
what do you understand by fiscal policy