The policy of a government in controlling its own expenditures and taxation, which together make up the budget.
IT’S A WORD OF THE DAY QUIZ BONANZA!
This windfall of words will make you rich with knowledge. Mine your memory on the words from July 27 to August 2!
Question 1 of 7
What does "scattergood" mean?
a person who acts as though he or she knows everything and who dismisses the opinions, comments, or suggestions of others.
a person who spends possessions or money extravagantly or wastefully; spendthrift.
a well-intentioned but naive and often ineffectual social or political reformer.TAKE THE QUIZ TO FIND OUT
notes for fiscal policy
A function of fiscal policy, along with monetary policy, is to regulate the level of economic activity, the price level, and the balance of payments. Fiscal policy also determines the distribution of resources between the public sector and the private sector and influences the distribution of wealth.
Words nearby fiscal policy
The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
Example sentences from the Web for fiscal policy
First, as a fiscal-policy nerd with a raft of élite degrees, a technocratic tendency to lose an audience in details.Francois Hollande: France’s Anti-Sarkozy President|Tracy McNicoll|May 7, 2012|DAILY BEAST