Fiscal policy is through the change of government purchase, transfer payment levels and changes in tax rates as the main means, to the impact of macroeconomic policy. When the expenditure is insufficient, when unemployment is high, in order to stimulate economic recovery from the recession, the government can raise the level of government purchases through the construction of public works, increased public spending; and increase social welfare costs, improve the level of unemployment benefits and welfare payments, and tax cuts, to the public left more disposable income, to increase and to stimulate consumption. If the economy is overheating, inflation, can reduce the government purchase, the cuts in public spending,At the same time, reduce social welfare costs, reduce the transfer payment level, and increasing taxes, to curb demand, reduce price.
正在翻譯中..
