school hours should be short. Students have a limited amount of power in school, which is one of the main reasons for cutting classes. Students feel as though schools try to contain them and that they are not able to be themselves.
(a) Fiscal reserves is not a back-up asset, but represents the total amount of resources that the Government can use on a day-to-day basis. The level of reserves reflects the Government's entire cash balance. Fiscal reserves serves to meet our day-to-day operational expenses and public works expenditures.
Fiscal policy involves the decisions that a government makes regarding collection of revenue through taxation and about spending the revenue. It is often contrasted with monetary policy, in which a central bank (the Federal Reserve in the United States) sets interest rates and determines the level of money supply.iscal policy is a government's decisions involving raising revenue and spending it. The government raises revenue through taxation and borrowing and spends it on such things as infrastructure, entitlements, defense, and schools.