cutting taxes
Which action would be a change in the government's fiscal policy
The economic actions taken by government are known as fiscal policy.
government spending and taxation.
Fiscal politics is anything going on in the government that has to do with monetary policy like budgets and things.
to encourage growth and try to stop or prevent a recession
when it is weak
Expansionary fiscal policy is an increase in government spending or a reducing in net taxes which increase aggregate output/income (Y). +G or -T = +Y
Fiscal policy is the manipulation of taxation and government spending by the government to affect the economy . Expansionary fiscal policy is when the government what to increase aggregate demand by decrease taxation.Pakistan does not use expantionary fiscal policy because Pakistan have highly economic growth and macroeconomic stability but also some poverty reduction(increase in standard of living)
is a policy that have no demand
The government will assume an expansionary fiscal policy position.
Expansionary fiscal policy refers to policies aimed at increasing demand and thus output. This is done by expanding/increasing government expenditure, reducing taxes or doing a bit of both.
Lowering taxes and raising government spending.Social security measures taken by the govt. is an example of expansionary policy. Subsidies, Tax rate cuts etc are other examples...There is a few example of expansionary fiscal policy. Some of the examples are tax cuts, rebates and increased spending.
Expansionary fiscal policy is so named because it is designed to expand real GDP.
Expansionary fiscal policy is an increase in government spending or a reducing in net taxes which increase aggregate output/income (Y). +G or -T = +Y
increase gvt exp
expansionary fiscal policy position