Fiscal Policy
What?
-This is a policy where the government uses spending and taxes to affect the country’s economy.
Purpose?
-Rising taxes and cutting spending to make the economy better.
To strengthen and grow the economy. It will lead to good
Sufficient/enough public services for all. Ex. (Hospitals, schools, etc.)
Increase the level of production (It will help decrease unemployment people)
What are the tools of Fiscal policy?
Taxes (taxes are payments collected from people and businesses to fund government projects and services.)
Government spending (spend it for Serbisyong Pampubliko or education and etc. also Pampublikong Produkto or roads, hostpitals etc.)
Types of Fiscal Policy
Expansionary Policye