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What is Fiscal policy? Who formulates it?

Asked by Isha Yadav 20th April 2015, 6:32 PM
Answered by Expert

Hi Isha,

Fiscal policy refers to revenue and expenditure policy of the government which helps to correct the situations of excess and deficient demand. It is also called budgetary policy of the government.  

Answered by Expert 20th April 2015, 6:42 PM
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