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ANEK [815]
2 years ago
5

Fiscal policy refers to the idea that aggregate demand is affected by changes in

Business
1 answer:
Ksenya-84 [330]2 years ago
4 0

Fiscal policy refers to the idea that aggregate demand is affected by changes in Government spending and taxes.

<h3>What is fiscal policy?</h3>

Fiscal Policy refers to government policy of using tax and spending  to meet economic goals.

Here, a government adjusts its spending levels and tax rates to monitor and influence a nation's economy.

Hence, Fiscal policy refers to the idea that aggregate demand is affected by changes in Government spending and taxes.

Learn more about fiscal policy here : brainly.com/question/6583917

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The diagram has been attached.

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