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Answer :
True Fiscal policy is the use of tax and spending policies by Congress and the President of the United States to achieve macroeconomic goals.
It is concerned with the government's revenue and expenditure policies, which are intended to stimulate economic activity or to control inflation or recession.
Fiscal policy is divided into two types, expansionary and contractionary policy, which are both intended to stimulate economic activity or to control inflation or recession.
In order to ensure the proper functioning of the economy, fiscal policy is utilized by government authorities. It is important to note that fiscal policy is distinct from monetary policy, which is the domain of central banks like the Federal Reserve System.
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