ABSTRACT

Introduction to U.S. Economy: Fiscal Policy [Updated August 3, 2020]   [open pdf - 489KB]

From the Document: "Fiscal policy is the means by which the government adjusts its budget balance through spending and revenue changes to influence broader economic conditions. According to mainstream economics, the government can affect the level of economic activity--generally measured by gross domestic product (GDP)--in the short term by changing its levels of spending and tax revenue. This In Focus presents an introduction to fiscal policy."

Report Number:
CRS In Focus, IF11253
Author:
Publisher:
Date:
2020-08-03
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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