00:01
So while saying the question left for the move to the answer.
00:02
So let's see here that all spending and tax change by government is north to pack part of fiscal policy increase in spending are.
00:46
Tax rate is a part of fiscal policy only when this is done to bring change in the current scenario of economy.
01:31
So let's move to the example.
01:34
So here we see an example that government is spending in the us increased after 9 11.
02:06
And to finance this increase spending, government had to take the amount from its own source of income.
02:50
This is spending is not a part of fiscal policy.
03:04
Okay.
03:09
Or they see spending similarly, the us government lead by president, lead by president gaston, $830 billion dollars expansionary policy in nearly 2009 which involved both tax cut.
04:34
An increase in government is spending this movement of government.
04:58
This movement of government is a part of fiscal policy change because mhm.
05:24
This wasn't done to give her boast up the economy as it was facing our deep recession.
06:00
So here is the some definition and examples.
06:04
So here is all spending and tax change by government is not part of fiscal policy increase in spending or tax rate is a part of fiscal policy only when this is turned to bring in the current scenario of economy...