Fiscal policy: Fiscal policy refers to a government's use of taxing and spending to influence economic conditions. It involves adjusting government spending levels and tax rates to manage economic growth, control inflation, and stimulate demand. See also Taxation, Economy, State._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. |