Financial Markets, Institutions and Risks (FMIR)

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Author: search.filters.author.Chowdhury, M.A.Subject: search.filters.subject.государственные расходы

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    Fiscal Policy and Forecasting Real GDP
    (Sumy State University, 2021) Chowdhury, M.A.
    The macroeconomic effect of changes in tax revenue and government spending influences gross domestic product in an economy. The economic growth depends on real business cycle where fiscal policy takes the central role which is managed by the government. When there is a shock in the economy, government changes policy to stabilize the economy to control interest rate otherwise there will be budget deficit which declines economic growth.
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