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Fiscal policy

Fiscal policy

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Published by Ali Raza Syed

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Published by: Ali Raza Syed on May 03, 2011
Copyright:Attribution Non-commercial

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05/03/2011

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FISCAL POLICY
GROUP MEMBERS:MIRZA MOHTASHIM BAIGKHAWAJA SAAD TARIQSALMAN RAZARABAIL CHANNA
 
Fiscal Policy-Meaning
‡The word
fisc
means µ
state treasury
¶ and fiscal policy refers to policy concerning the use of µstate treasury¶ or the govt. finances to achievethe macroeconomic goals.‡³any decision to change the level, compositionor timing of 
govt. expenditure
or to vary the burden ,the structure or frequency of the
taxpayment
is fiscal policy.´
-
G.K. ShawG.K. Shaw
 
Objectives of Fiscal Policy
‡It has 2 major objectives:
i.GENERAL obj-. aimed at achievingmacroeconomic goalsii.SPECIFIC obj-. relating to any typical problems of an economy

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