Fiscal policy is the use of government spending, taxation, and borrowing to influence a country’s economic performance. It is one of the primary tools governments use to manage economic stability, growth, and inflation. By adjusting revenue collection and public expenditure, fiscal policy helps control aggregate demand, employment levels, and the distribution of wealth within an […]
What fiscal policy can close an inflationary gap?Fiscal policy is the use of government spending, taxation, and borrowing to influence a country’s economic performance. It is one of the primary tools governments use to manage economic stability, growth, and inflation. By adjusting revenue collection and public expenditure, fiscal policy helps control aggregate demand, employment levels, and the distribution of wealth within an […]