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Monetary and Fiscal Policies in UK

- To start with, I will explain what fiscal and monetarty policies are. Fiscal policy is the governmental use of increasing or decreasing in government spendings and/or taxation to influence the country’s economy in the way it was expected. It can be expansionary - used when economy is in recession and it is supposed to increase the AD and therefore GDP by increasing government spending and/or decreasing tax. It can also be contractionary - used when economy is beyond the level of full employment and it is supposed to decrease the AD and therefore the inflation rate by increasing tax and/or decreasing government spending....   [tags: Credit Crisis of 2008, United Kingdom, Economy]

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Your search returned 1 essays for "Enterpernuership":