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Fiscal policy is the means by which a government adjusts its levels of spending in order to monitor and influence a nation’s economy.
Objectives of Fiscal policy are to achieve desirable price level, consumption level, employment level, to achieve desirable income distribution, increase in capital formation etc.
2)
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Fiscal policy is the means by which a government adjusts its levels of spending in order to monitor and influence a nation’s economy. Objectives of Fiscal policy are to achieve desirable price level, consumption level, employment level, to achieve desirable income distribution, increase in capital formation etc. 2)