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  3. 1) define and explain fiscal policies. 2) explain

1) Define and explain fiscal policies. 2) Explain what the government budget is and what a...

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Economics

1) Define and explain fiscal policies.

2) Explain what the government budget is and what a budgetsurplus, budget deficit, and government debt are.

3) Define and explain the relationship between fiscal policiesand the government budget.

Answer & Explanation Solved by verified expert
3.9 Ratings (479 Votes)
1 It is policy through which government adjusts their spending and tax rate to monitor control and affect the national economies Fiscal policy is followed by government to make necessary adjustment in the economic activities related to demand and supply of goods and services it also affects tax regulation government spending on different items Public debts to    See Answer
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