Fiscal policies of state and local government are frequently pro-cyclical in that they worsen the economy.
What is a meaning of fiscal policy?
Fiscal policy is the use of government spending and taxation to influence the economy. Governments typically use fiscal policy to promote strong and sustainable growth and reduce poverty.
What is the role of fiscal policy?
The role of fiscal policy. Fiscal policy can promote macroeconomic stability by sustaining aggregate demand and private sector incomes during an economic downturn and by moderating economic activity during periods of strong growth.
What are the effects of fiscal policy?
The direct and indirect effects of fiscal policy can influence personal spending, capital expenditure, exchange rates, deficit levels, and even interest rates, which are usually associated with monetary policy.
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The news corporation, Smile train, Delta airlines and Gucci are all examples of organizations
Explanation:
The entity that consists of many groups of people who work together for an organization for a particular purpose for an institution or for an association is called as an organization
The tasks here are performed in an organized way and taking the efficient way to approach an presenting them in a logical order is called as organizing there are three main types of business organizations they are the sole proprietorship, partnership and the cooperation
How can you estimate the total sales volume you can expect in your location? You can forecast your sales by figuring out your market. Depending on your market you can estimate how mant people are likely to purchase your product and how often. By using market trends and product testing it allows for a forecast of total sales over time and can let a business know how much to produce so that they are meeting demand.