Key Takeaways
🔸 Fiscal policy refers to how governments use taxation and government spending to influence economic conditions, including unemployment, inflation, and economic growth.
🔸 It’s a tool that allows authorities to guide the economy in a desirable direction by affecting the disposable income of individuals and businesses, which indirectly influences financial markets
🔸Through fiscal policy, governments fund various public services, such as education and healthcare. It also ensures economic stability and mitigates the negative aspects of both economic booms and downturns.
🔸 Are you interested in learning more?
Read the official article here. : Binance academy Fiscal Policy
🔸 @Binance Blog / @Binance Academy .
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