English, asked by prem8584, 10 months ago

Explain the objectives of fiscal policy and its importance

Answers

Answered by IonicYadav

Answer:

The objective of fiscal policy is to maintain the condition of full employment, economic stability and to stabilize the rate of growth. For an under-developed economy, the main purpose of fiscal policy is to accelerate the rate of capital formation and investment.

Answered by Anonymous

Answer:

Explanation:

The objective of fiscal policy is to maintain the condition of full employment, economic stability and to stabilize the rate of growth. For an under-developed economy, the main purpose of fiscal policy is to accelerate the rate of capital formation and investment.

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