what is fiscal policy how is it used to correct excess and deficient demand
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ꜰɪꜱᴄᴀʟ ᴘᴏʟɪᴄʏ ᴍᴇᴀꜱᴜʀᴇꜱ ᴛᴏ ᴄᴏʀʀᴇᴄᴛ ᴇxᴄᴇꜱꜱ ᴅᴇᴍᴀɴᴅ ᴀʀᴇ: ɪɴᴄʀᴇᴀꜱᴇ ɪɴ ᴛᴀxᴇꜱ, ʀᴇᴅᴜᴄᴛɪᴏɴ ɪɴ ɢᴏᴠᴇʀɴᴍᴇɴᴛ ᴇxᴘᴇɴᴅɪᴛᴜʀᴇ, ᴇᴛᴄ. ᴍᴏɴᴇᴛᴀʀʏ ᴘᴏʟɪᴄʏ ᴍᴇᴀꜱᴜʀᴇꜱ ᴛᴏ ᴄᴏʀʀᴇᴄᴛ ᴇxᴄᴇꜱꜱ ᴅᴇᴍᴀɴᴅ ꜱɪᴛᴜᴀᴛɪᴏɴ ᴀʀᴇ ɪɴᴄʀᴇᴀꜱᴇ ɪɴ ᴄʀʀ, ɪɴᴄʀᴇᴀꜱᴇ ɪɴ ʙᴀɴᴋ ʀᴀᴛᴇ, ᴇᴛᴄ.
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⤵️ꜰᴏʟʟᴏᴡ ᴍᴇ
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ꜰɪꜱᴄᴀʟ ᴘᴏʟɪᴄʏ ᴍᴇᴀꜱᴜʀᴇꜱ ᴛᴏ ᴄᴏʀʀᴇᴄᴛ ᴇxᴄᴇꜱꜱ ᴅᴇᴍᴀɴᴅ ᴀʀᴇ: ɪɴᴄʀᴇᴀꜱᴇ ɪɴ ᴛᴀxᴇꜱ, ʀᴇᴅᴜᴄᴛɪᴏɴ ɪɴ ɢᴏᴠᴇʀɴᴍᴇɴᴛ ᴇxᴘᴇɴᴅɪᴛᴜʀᴇ, ᴇᴛᴄ. ᴍᴏɴᴇᴛᴀʀʏ ᴘᴏʟɪᴄʏ ᴍᴇᴀꜱᴜʀᴇꜱ ᴛᴏ ᴄᴏʀʀᴇᴄᴛ ᴇxᴄᴇꜱꜱ ᴅᴇᴍᴀɴᴅ ꜱɪᴛᴜᴀᴛɪᴏɴ ᴀʀᴇ ɪɴᴄʀᴇᴀꜱᴇ ɪɴ ᴄʀʀ, ɪɴᴄʀᴇᴀꜱᴇ ɪɴ ʙᴀɴᴋ ʀᴀᴛᴇ, ᴇᴛᴄ.
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