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What is Understanding India about?

Fiscal policy refers to government efforts to influence the economy through taxing and spending policies. There are three stances of fiscal policy: expansionary, contractionary, and neutral. The government uses fiscal policy tools to achieve goals like economic growth, employment, price stability, and equitable distribution of income. Government spending is funded through tax revenue, borrowing, asset sales, and fiscal reserves. India

Author

Anonymous y3E7ia

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EN