fiscal policy
/ˌfɪskəl ˈpɒlɪsi/
government spending and taxation decisions
fiscal policy in a sentence
“Expansionary fiscal policy increased the deficit.”
Origin of fiscal policy
Latin fiscalis of the treasury, from fiscus basket, treasury
Related Words
monetary policy
central bank actions affecting money supply and interest rates
aggregate demand
total demand for goods and services in an economy
multiplier effect
the amplified impact of spending through successive rounds
stagflation
stagnant growth combined with high inflation
trade deficit
when imports exceed exports
GDP
gross domestic product; the total value of goods and services produced