Economics

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Everyone should know

Posted by shartley13 on October 3, 2011

Fiscal policy is something which everyone should know,

It keeps fluctuations in the business cycle, down to a low

There is more than the Budget to macro policy,

It is a fundamental component of our economy

Automatic stabilisers, discretionary changes,

The effects of this policy has extensive ranges

It keeps unemployment low and economic growth high,

It makes income spread equal between you and I

Fiscal policy is something which everyone should know,

It’s a macroeconomic policy which helps the economy go.

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