Fiscal policy (财政政策)

Fiscal policy (财政政策 cáizhèng zhèngcè) refers to the macroeconomic policy by which the government adjusts its spending levels and tax rates to influence the economy and achieve certain goals. 

Fiscal policy (财政政策 cáizhèng zhèngcè) word examples:

  1. Expansionary fiscal policy (扩张型财政政策 kuòzhāngxíng cáizhèng zhèngcè).
  2. Contractionary fiscal policy (紧缩型财政政策 jǐnsuōxíng cáizhèng zhèngcè).

Also see: contractionary policy.

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