Fiscal policy is the deliberate change in a governmentâ??s spending, taxation...
The federal tax and spending policies set by Congress and/or the President.
Manipulation of government expenditure and/or taxes to stabilise aggregate demand.
Government policy regarding taxation and spending. Fiscal policy is made by Congress and the Administration.
Government policy regarding its own revenue and expenditure.
Fiscal policy is the use of government expenditure and taxation to try to influence the level of economic activity. An expansionary (or reflationary) fiscal policy could mean: cutting levels of direct or indirect tax increasing government expenditure The effect of these policies would be to encourage more spending and boost the economy. A contractionary (or deflationary) fiscal policy could be: increasing taxation - either direct or indirect cutting government expenditure These policies would reduce the level of demand in the economy and help to reduce inflation.
The taxing and spending policies of local, state and federal governments.
The aspect of Government economic policy dealing with tax, welfare payments and government expenditure. (See also Monetary Policy).
Fiscal policy is a tool by which government attempts to either control inflation or stimulate growth by increasing or decreasing spending or taxes.
Any macroeconomic policy involving the levels of government purchases, transfers, or taxes, usually implicitly focused on domestic goods, residents, or firms. A fiscal stimulus is an increase in purchases or transfers or a cut in taxes.
Using tax policy to affect economic conditions.
Financial and budgetary policy
Governmental economic policy designed to maintain a stable economy, high employment, low inflation and strong growth.
Federal government policy regarding taxation and spending, set by Congress and the Administration.
Government decisions made by the U.S. Congress affecting taxation and government spending.
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.
Government policy on influencing the direction of the economy through the use of taxation.
when government tries to manipulate the economy using its tax-and-spend powers.
Federal tax and spending policies set forth by Congress or the President of the United States. These policies directly affect tax rates and regulate government spending in an effort to control the U.S. economy.
Adjusting the federal budget to influence employment and production. (p. 378)
How the government uses taxes and/or government expenditures to change the level of output, employment, or prices.
Changes in the expenditures or tax revenues of the federal government, undertaken to promote full employment, price stability, and reasonable rates of economic growth. View Capstone Lesson(s) that address this concept
government influence on the amount of savings and expenditures; accomplished by altering the tax structure and by changing the levels of government spending
the policy directed toward government spending and taxation
Government policies regarding taxation and spending. There are two different types of fiscal policies, contractionary and expansionary fiscal policies. Fiscal policy is often used to control inflation and encourage economic expansion, and sometimes as a supplement to monetary policy.
The way governments adjust their spending and revenue raising policies to influence overall economic activity.
The set of decisions a government makes with respect to taxation, spending, and borrowing.
The policy whereby governments alter their purchases of goods and services and taxes in order to promote growth and to smooth the fluctuations in total output of an economy (and as chapter 15 shows, sometimes to ensure the incumbent government is re-elected.
A government's economic policy with respect to the level and allocation of its income and expenditure.
The use of government purchases, taxes, and borrowing to influence aggregate economic activity.
Changes in government expenditures and taxes designed to influence the economy.
The government's program determining the amount of taxes and government expenditures to be made in a year. When an economy is moving into recession, an expansionary economic policy would dictate that the government should provide an economic stimulus by increasing expenditures or reducing taxes. This is referred to as a stimulative fiscal policy. During periods with low unemployment and rising inflation, constraining fiscal policy is often suggested, involving increased taxes or reduced government expenditures.
Form of economic policy implemented by governments in attempt to influence levels of economic activity. Concentrates on levels of taxation, government borrowing and spending.
Programs by the federal government that are intended to influence economic activity by making changes in government expenditures and taxation, implemented by the U.S. Treasury.
The tax and spending policies of the White House and the Congress.
A course of action which seeks to achieve socioeconomic goals by affecting the level of taxes and government expenditures. In the U.S., fiscal policy is largely the responsibility of the President and U.S. Congress.
a key responsibility of the federal and provincial governments, which involves preparing the budget and financial strategy for the country or province. Among the tools of fiscal policy are taxation and government payments.
Policies and programs establishing budgetary policy, including types and rates of taxation and types and amounts of spending.
Deals with government spending and revenue raising ie taxation and capital expenditure.
An arm of government policy that influences the economy through the budget by changes in tax and welfare payments and government spending.
Fiscal policy determines the level and the composition of government spending, as well as the distribution of the tax burden among individuals and businesses.
Use of taxation as a tool in implementing monetary policy.
Fiscal policy refers to government actions with respect to aggregate levels of revenue and spending, and the resulting surpluses or deficits. Fiscal policy is the primary means by which the government influences the economy. An "easy" fiscal policy is intended to stimulate short-term economic growth by increasing government spending or reducing revenues. A "tight" fiscal policy restrains short-term demand by reducing spending or increasing taxes, and is often intended to restrain inflation. The government sets and implements fiscal policy through the budget.
Government policy regarding taxation and spending. A country's Fiscal policy is made by its government and Administrative branch.
A government's program with respect to (1) the purchase of goods and services and spending on transfer payments, and (2) the amount and type of taxes.
Government macroeconomic policy that seeks to influence general economic activity through control of taxation and government spending (see also monetary policy).
Economic policy, associated with the budget.
government taxation and spending; how the government affects the money supply
Economic policies, such as taxation and public spending, that relate to achieving full employment, price stability or growth in the economy.
Government spending and taxing to stabilize economy.
influencing the direction of an economy through the use of taxation (See also Monetary Policy)
The deliberate use of the government's revenue - raising (taxation) and spending activities in an effort to influence the behaviour of certain macroeconomic variables such as total employment.
Basically, a nation's government budget.
Involves taxation and government spending. It is conceived by the Office of Management and Budget and is approved by Congress.
Those federal-government expenditure, tax and borrowing decisions that affect the level of national economic activity.
is a change in government spending or taxing so as to influence economic activity. By fine-tuning the level and pattern of budgetary surpluses and how they are financed, governments can control the level of aggregate demand in the economy. Governments usually focus on three areas to manage public expenditure and raise the revenue to pay for it â€“ forms of taxation; the volume of spending; and the size of the budget deficit or surplus. If the budget shows an overall deficit, it will add to aggregate demand; conversely, a surplus subtracts from aggregate demand. However, government regulation is often imperfect, made worse by poor market information. Furthermore, if the government seeks to finance the deficit by printing more money, it will only add to the money supply and fuel inflation. If, however, the government resorts to borrowing to meet the deficit, it would be competing with the private sector for savings, often pushing private borrowers out of the market. Such government activity would thus increase the demand for a given supply of credit, pushing up the cost of credit, ie: interest rates.
The use of government spending and taxing for the specific purpose of stabilizing the economy.
the use of government spending and taxes to influence the nation's output, employment, and price level
The Government's policy relating to its receipts and expenditure. Its potency as an economic tool stems from the fact that by spending more or less than it receives, the Government can affect the overall level of demand in the economy.
The government's choice of tax and spending programs, which influences the amount and maturity of government debt as well as the level, composition, and distribution of national output and income. An "easy" fiscal policy stimulates the short-term growth of output and income, whereas a "tight" fiscal policy restrains their growth. Movements in the standardized-employment deficit constitute one overall indicator of the tightness or ease of federal fiscal policy; an increase relative to potential gross domestic product suggests fiscal ease, whereas a decrease suggests fiscal restriction. The President and the Congress jointly determine federal fiscal policy.
Federal government policies with respect to taxes, spending and debt management intended to promote the nation's macroeconomic goals, particularly with respect to employment, gross national product, and price stability. The budget process is a major vehicle for implementing federal fiscal policy. The other major component of federal macroeconomic policy is monetary policy. An "easy" fiscal policy stimulates the short-term growth of output and income, whereas a "tight" fiscal policy restrains their growth. Movements in the standardized-budget surplus constitute one overall indicator of the tightness or ease of federal fiscal policy; an increase relative to potential gross domestic product suggests fiscal ease, whereas a decrease suggests fiscal restriction. The President and the Congress jointly determine federal fiscal policy. See standardized-budget surplus.
A Government’s economic policy that deals with financial expenditure.
The policy pursued by government to manage the economy through its spending and taxation powers.
A policy used by government to achieve desired outcomes. The use of governmental expenditures on goods and services and/or tax collection to influence the level of national income.
The macroeconomic policy that can be used to influence resource allocation, redistribute income and reduce the fluctuations of the business cycle. Implemented annually through the government budget.
The use of government spending and taxation policies to influence the economy.
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 is the government's attempt to influence the economy by setting and changing taxes, its purchases of goods and services, and transfer payments to achieve macroeconomic objectives such as full employment, sustained long-term economic growth, and low inflation.
Government spending policies that influence macroeconomic conditions. These policies affect tax rates, interest rates, and government spending, in an effort to control the economy.
Federal Government policies affecting government spending, taxation, and deficits (or surpluses).
The government policy for dealing with the budget (especially with taxation and borrowing).
The federal government's decisions about the amount of money it spends and collects in taxes to achieve a full employment and non-inflationary economy. See also contractionary fiscal policy and expansional fiscal policy.
the part of a governmentâ€™s economic policy dealing with taxation and government spending
The policy pursued by the federal government to direct the economy through taxation and the level and allocation of government spending.
Fiscal policy is the economic term that defines the set of principles and decisions of a government in setting the level of public expenditure and how that expenditure is funded. Fiscal policy and monetary policy are the macroeconomic tools that governments have at their disposal to manage the economy. Fiscal policy is the deliberate change in government spending, government borrowing or taxes to stimulate or slow down the economy.