5.1 Fiscal Policy

In this section

• 5.1.1 Definition and Objectives of Fiscal Policy
  Exploration of the definition and objectives of fiscal policy within the context of the Canadian economy, examining how government taxation and expenditure are used to influence economic conditions.
• 5.1.2 Tools of Fiscal Policy
  An in-depth exploration of how governments maneuver their fiscal policies through expenditures, taxation, and transfer payments.
• 5.1.3 Fiscal Policy Implementation
  An in-depth look at how fiscal policy is implemented, focusing on the role of government budgets, deficits, and surpluses, and their economic consequences.
• 5.1.4 Impact of Fiscal Policy on the Economy
  An in-depth examination of how fiscal policy influences aggregate demand and supply, and the potential crowding out effect in the economy.