types of fiscal policy
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There are two types of fiscal policy: Expansionary fiscal policy: This policy is designed to boost the economy. ... Contractionary fiscal policy: As the term suggests, this policy is designed to slow economic growth in case of high inflation. The contractionary fiscal policy raises taxes and cuts spending.
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there 3three types of fiscal policy
1st . neutral policy
2nd .expainsnory policy
3red .contractionary policy
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