Examples of fiscal policy include changing tax rates and public spending to curb inflation at a macroeconomic level. Other examples include extending tax cuts to counteract a cut in government spending to avoid causing a... More »

Fiscal policy is important because it regulates government spending and taxation. Fiscal policy controls decisions made at the local, national and federal government levels, such as goods, services and products purchased... More »

Time lag refers to how long it takes for a change in monetary or fiscal policy to affect the economy and spending, and the specific amount of time is not easily predictable, notes the Federal Reserve Bank of San Francisc... More »

According to European Central Bank, the basic objective of monetary policy is to improve price stability and achieve a high level of employment in the economy. Monetary policy also serves as a tool to stimulate economic ... More »

Some examples of expansionary fiscal policy include lowering taxes and increasing government spending. An expansionary fiscal policy is implemented by a government when they want to raise the overall amount of money avai... More »

Examples of spillover benefits include flood control dams, educated societies and medical and scientific advancements. Essentially, spillover benefits help third parties by providing benefits that party members did not i... More »

Examples of perpetual resources include wind energy, solar energy and tidal energy. Perpetual resources are those resources that have rate of use, but they cannot be depleted. More »