Vocab Bloom Hub

fiscal policy

/ˈfɪskəl ˈpɒlɪsi/

1 entry

phrase

/ˈfɪskəl ˈpɒlɪsi/C1formalbusiness
  • ruИспользование государственных расходов и налогообложения для влияния на экономику, особенно для достижения таких целей, как контроль инфляции, стимулирование роста или снижение безработицы.

The use of government spending and taxation to influence the economy, particularly to achieve goals like controlling inflation, promoting growth, or reducing unemployment.

  1. Government economic strategyC1formal

    The use of government spending and taxation to influence the economy, particularly to achieve goals like economic growth, low inflation, and full employment.

    ruФискальная политика

    • The government adjusted fiscal policy to stimulate the economy during the recession.
    • Fiscal policy decisions, such as tax cuts, can increase consumer spending.
    • Economists debate whether expansionary fiscal policy leads to long-term inflation.