fiscal policy
economic program which operates according to changes in a country's budget or taxes, governmental policy regarding budgetary regulation | ||||
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Fiscal policy definition was found in categories: Business & Finance(2) Language, Idioms & Slang(1) Social Science(2) Encyclopedia(1)
Fiscal policy Definition from Business & Finance Dictionaries & Glossaries
| Campbell R. Harvey's Hypertextual Finance Glossary |
Fiscal policy
The use of government spending and taxing for the specific purpose of stabilizing the economy.
The use of government spending and taxing for the specific purpose of stabilizing the economy.
| BASSAM Trade, Real Estate, Mortgage, Fund,Invest, Insurance,& Tax,Terms/abbreviations/defin. |
FISCAL POLICY
The government's policy in regard to taxation and spending programs. The balance between these two areas determines the amount of money the government will withdraw from or feed into the economy, which can counter economic peaks and slumps.
Deception intended to cause a person to give up property or a lawful right.
See also FISCAL YEAR
A method where governments use taxes and budgeting to raise revenue for public purposes. Another method is monetary policy, which seeks to influence the money supply by raising or lowering interest rates and thereby changing credit demand.
The government's policy in regard to taxation and spending programs. The balance between these two areas determines the amount of money the government will withdraw from or feed into the economy, which can counter economic peaks and slumps.
Deception intended to cause a person to give up property or a lawful right.
See also FISCAL YEAR
A method where governments use taxes and budgeting to raise revenue for public purposes. Another method is monetary policy, which seeks to influence the money supply by raising or lowering interest rates and thereby changing credit demand.
Fiscal policy Definition from Language, Idioms & Slang Dictionaries & Glossaries
| WordNet 2.0 |
fiscal policy
Noun
1. a government policy for dealing with the budget (especially with taxation and borrowing)
(hypernym) economic policy
Noun
1. a government policy for dealing with the budget (especially with taxation and borrowing)
(hypernym) economic policy
| Environmental Economics Glossary |
Fiscal Policy
Policies that affect the level of government expenditures and taxes Those federal-government expenditure, tax and borrowing decisions that affect the level of national economic activity.
Policies that affect the level of government expenditures and taxes Those federal-government expenditure, tax and borrowing decisions that affect the level of national economic activity.
| A Glossary of Political Economy Terms |
Fiscal policy
That part of government policy which is concerned with raising revenue through taxation and with deciding on the amounts and purposes of government spending. Keynesian economic theorists believe that government can, and should, regulate the overall pace of activity in the national economy through fiscal policy, principally by deliberately having government borrow to spend more than it takes in (running a budget deficit ) to increase total demand for goods and services in times of high unemployment and economic slowdown (the deficit being created either by cutting taxes or by increasing spending or both). Similarly, Keynesian theorists would advocate having government spend less than it takes in (running a budget surplus ) to cool down the national economy when too great an expansion of total demand has pushed production to its physical limits and threatens to bring on excessive inflation .
[See also: budget , budget deficit , budget surplus , business cycle , unemployment , investment , recession , tax, taxation ]
That part of government policy which is concerned with raising revenue through taxation and with deciding on the amounts and purposes of government spending. Keynesian economic theorists believe that government can, and should, regulate the overall pace of activity in the national economy through fiscal policy, principally by deliberately having government borrow to spend more than it takes in (running a budget deficit ) to increase total demand for goods and services in times of high unemployment and economic slowdown (the deficit being created either by cutting taxes or by increasing spending or both). Similarly, Keynesian theorists would advocate having government spend less than it takes in (running a budget surplus ) to cool down the national economy when too great an expansion of total demand has pushed production to its physical limits and threatens to bring on excessive inflation .
[See also: budget , budget deficit , budget surplus , business cycle , unemployment , investment , recession , tax, taxation ]
Fiscal policy Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Fiscal policy
Fiscal policy refers to the federal government's use of its annual budget (usually 'handed down' in May each year) to affect the level of economic activity, resource allocation and income distribution. The budget strategy can also influence the achievement of the government's objectives of internal and external balance and economic growth. The two main instruments of fiscal policy are government spending and taxation. Changes in the level and composition of taxation and government spending can impact on the following variables in the economy:
- Aggregate demand and the level of economic activity;
- Aggregate demand and the level of economic activity;
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