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meaning of fiscal policy

Classwork Exercise and Series (Economics- SS2): Concept Of Inflation

Meaning of Inflation Inflation can be defined as the persistent rise in the general price level of goods and services. Inflation is the rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. Inflation occurs when the volume of purchases is permanently running ahead of [...]

Classwork Exercise and Series (Economics- SS3): Public Finance

Meaning of Public finance Public Finance can be defined as the collection of taxes from those who benefit from the provision of public goods by the governments and the use of those tax funds towards production and distribution of the public goods. Public finance is the study of the role of the government in the [...]