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fiscal policy

  1. The policy of a government in controlling its own expenditures and taxation , which together make up the budget.


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Notes

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.
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Example Sentences

Examples have not been reviewed.

“Looking ahead, the new administration is in the process of implementing significant policy changes in four distinct areas: trade, immigration, fiscal policy and deregulation,” Powell said.

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The time for responsible monetary and fiscal policy is now, before inflation and debt spiral up again.

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Now we’re beginning to see some meat on the bare bones of GOP policies, thanks to a “menu” of fiscal policy reforms recently leaked to Politico.

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The book contrasts America’s capitalist woes with the rest of the world’s financial crises, takes a look at the latest fiscal policies and offers a critique of “Bidenomics.”

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Yields climb when prices fall, and have been especially sensitive to concerns that fiscal policy could fuel inflation.

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