What is Fiscal Policy? 

Fiscal policy concerns a Government’s policies toward the collection of revenue through taxation and the spending of revenue as part of Government operations and services. 

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What is Expansionary Fiscal Policy?

Expansionary Fiscal Policy shifts the aggregate demand outward through increased spending or lower taxes. 

What is Contractionary Fiscal Policy? 

Contractionary Fiscal Policy shifts the aggregate demand outward through decreased spending or higher taxes. 

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