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Fiscal policy refers to the policy of govt. regarding taxation,public expenditure and debit Fiscal policy is used to regulate the the economic and business activities in order to achieve such objectives as:1.Accelarating the rate of investment 2.Promoting socially desirable investment 3.Achieve rapid economic development 4.Achieving full employement 5.Promoting foreign trade 6.Reducing inequalities of income 7.Establishing a welfare state Fiscal policy operates through :
Public taxation:-