Business Finance
fiscal Policy-one paragraph

Question Description

Pic a time frame current or past describe the economic situation & explain fiscal policy used to help stabilize the economy, provide support

Final 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.

zeecents (232)
Cornell University

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