Business Studies, asked by jonalijyotiBoruah, 11 months ago

under which environmental factor does fiscal policy fall​

Answers

Answered by nidaeamann
5

Answer:

Economic environment

Explanation:

Fiscal policy is an economic policy in which a government adjusts its spending levels and tax rates to monitor and influence a nation's economy.

British economist John Maynard Keynes is considered as the pioneer of fiscal policy

It is the supporting strategy to monetary policy through which a central bank influences a nation's money supply.

Hence using a combination of monetary and fiscal policies, governments can control economic scenarios of the country.

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