Put your story text here...Cau7: fiscal policy and role its in the economy

- fiscal policy is a government policy related to taxation and public spending

- there are 2 kinds: expansionary and contractionary

1) expansionary policy :

+ taxation is cut or spending is raised

+ help to creat new job ,raise demand .increase economic growth

2) contractionary policy

+ taxation is raised and spending is reduce

+ helps restict demand ,slow down the economy and infation