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fiscal policy |
Also found in: Encyclopedia, Wikipedia, Hutchinson | 0.07 sec. |
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Fiscal Policy Government spending policies that influence macroeconomic conditions. These policies affect tax rates, interest rates, and government spending, in an effort to control the economy. Notes: Since the 1980s, most Western Countries have held a "tight" policy, limiting public expenditure. Fiscal policy Government spending and taxing for the specific purpose of stabilizing the economy.
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