which phrase best explains what a fiscal policy is, based on its use in this sentence from paragraph 6? one of germany's fiscal policies is to collect taxes in many stages during the production of items.

Fiscal policy is basically the use of government spending and taxation to influenced the economy. Governments typically use fiscal policy to promote the strong and sustainable growth and minimize poverty.

What are the 3 goals of using fiscal policy?

The goals of both fiscal and monetary policy is to achieve or maintained full employment, to achieve a high rate of economic growth, and to stabilized the prices and wages.

What is the importance of fiscal policy?

Fiscal policy is a crucial tool for managing the economy as it has ability to affect the total amount of output produced , gross domestic product. The first impact of a fiscal expansion is to increase the demand for goods and services.

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