Examlex
Define the term fiscal policy and explain how fiscal policy can be used in response to economic conditions.
Composition
The makeup or structure of something, such as the arrangement and proportion of parts within a work of art or a financial portfolio.
Stock's Beta
An indicator of how volatile a stock is compared to the general market, where a beta value above 1 signifies that the stock experiences more fluctuation than the market overall.
Standard Deviation
In finance, standard deviation measures the amount of variance or dispersion of a set of financial returns, indicating the investment's volatility.
Expansionary Fiscal Policy
An increase in government purchases, decrease in net taxes, or some combination of the two aimed at increasing aggregate demand enough to reduce unemployment and return the economy to its potential output; fiscal policy used to close a recessionary gap
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