allisonpinegar2456 allisonpinegar2456
  • 18-11-2021
  • Business
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what is the definition of supply-side fiscal policy?

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blackshades
blackshades blackshades
  • 18-11-2021

Supply-side fiscal policies are policies which are designed to increase aggregate supply, as opposed to aggregate demand, thereby expanding output & increasing the supply of goods which translates to the economic growth for a country. In supply-side fiscal policy, practitioners often focus on cutting taxes, lowering borrowing rates, and deregulating industries to foster increased production.

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