Dr. Traci L. Tupper's Latest Rating. I had my first visit with Dr. Tupper and she gave me her undivided attention. She took the time to show my husband and I my ultrasounds of my thyroid and explained ... Read more.
Fiscal policy. The legislative and executive branches of government control fiscal policy. In the United States, this is the President's administration (mainly the Treasury Secretary) and the Congress that passes laws. Policy-makers use fiscal tools to manipulate demand in the economy.
Fiscal policy can be used to stabilize the economy over the course of the business cycle. The two main instruments of fiscal policy are changes in the level and composition of taxation and government spending in various sectors.These changes can affect the following macroeconomic variables, amongst others, in an economy:he two main instruments of fiscal policy are changes in the level and composition of taxation and government spending in various sectors. These changes can affect the following macroeconomic variables, amongst others, in an economy: