Economy, asked by Helpneeded2387, 1 year ago

What are the important objective of fiscal policy of modern government?

Answers

Answered by ashusingampalli
0

Generally following are the objectives of a fiscal policy in a developing economy:  

1. Full employment

2. Price stability  

3. Accelerating the rate of economic development  

4. Optimum allocation of resources  

5. Equitable distribution of income and wealth  

6. Economic stability  

7. Capital formation and growth

8. Encouraging investment

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