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Fiscal Policy - Fiscal Policy as a Supply-side Tool
Supply-side policies are policies that aim to increase the capacity of the economy to produce. Fiscal policy usually acts on the level of demand in the economy and the deflationary and reflationary policies on pages 2 & 3 are often known as demand-side policies .However, it is also possible for fiscal policy to act on the level of supply as well. ...
Supply-side fiscal policies could therefore include:
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Fiscal Policy - Deflationary Fiscal Policy
Deflationary fiscal policyis likely to be most appropriate in times of economic boom. ...
Deflationary fiscal policies could therefore include:
? ...
Advisers - Fiscal Policy
Fiscal policy is the use of government expenditure and taxation to manage the economy. The main changes in fiscal policy happen once a year in the Budget. It is in the Budget that the Chancellor sets the levels of taxation and government expenditure for the next fiscal year. The fiscal year runs from 5th April one year until 4th April the following year. ...
Fiscal policy can be used in various different ways. ... In this case it is called reflationary policy Alternatively the economy may be doing a little too well and in need of slowing down. In this case deflationary policy is called for. The final use for fiscal policy is as a tool of supply-side policy
The rest of the pages in this section go into more detail on each of these policies. ...
Government Case Studies - The policies Having chosen a government that you are going to consider for your case study, you now need to choose a policy.
Approximate Word count = 1307
Approximate Pages = 5.2
(250 words per page double spaced)
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