Examlex
Which of the following statements is NOT true?
Fiscal Policy
Government policies relating to taxation and spending that are used to influence economic conditions, including managing inflation and unemployment.
Fiscal Year
It is the annual period used for accounting purposes by an organization, differing from the calendar year, and is primarily adopted for tax, financial reporting, and budgeting.
Governmental Assistance
Financial support or aid provided by the government to individuals, businesses, or other governmental entities.
Automatic Stabilization Policies
Economic policies and programs that automatically adjust government spending or taxes in response to economic changes, without the need for additional legislative action.
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