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The Fiscal Policy And The Employment Act Of 1946

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The Fiscal Policy And The Employment Act Of 1946
Policies are like starting points for government to take a course of action that makes a real life change. Government uses policies to tackle a wide-spread range of issues. Macroeconomics is the study of the economy as a whole, including matters such as inflation, unemployment, and economic growths.
Fiscal policy, is where government adjusts spending levels and tax rates to specialize on the nation’s economy. The government oversees the economy to make the necessary changes to improve and avoid past mistakes by increasing or decreasing taxes or government spending. Fiscal policy is closely related to the monetary policy.
The Employment Act of 1946 was signed by President Harry S. Truman on February 20, 1946. The purpose of this act was for
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