Description
Pic a time frame current or past describe the economic situation & explain fiscal policy used to help stabilize the economy, provide support
Explanation & Answer
A fiscal policy is one that attempts to influence the direction of an
economy by either governmental spending or by taxation. In recent years,
there has been an example of a governmental fiscal policy in the area
of spending. President Obama has promoted some of his stimulus plans as a
way to dig the economy out of one of the worst economic times since the
Great Depression.
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