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Fiscal policy Essay Topics & Paper Examples

Fiscal policy

Fiscal policy refers to the government’s choices regarding the overall level of government purchases and taxes. Fiscal policy is undertaken by government to manage, control and manipulate the economic variables in the economy like inflation, unemployment, consumption and so many more. The fiscal operations that has been taken place for the past decade in Ghana In the year 2000, Total revenue and grants amounted to 5,385.0 billion while total expenditure came to 7,524.9 billion. Out of an estimate of 1,319.0 billion, only 574.3 billion actually flowed in. Tax revenue collections exceeded the original projections on account of good performance from direct taxes, indirect and trade taxes. The provisional actual tax revenue yielded 3,731.7 billion as against an estimate of 3,957.3…

Environment of Firms

Environment of Firms Introduction Business environment consist of all those factors that have a bearing on the business. The term “business environment” implies those external forces, factors and institutions that are beyond the control of individual business organizations and their management and affect the business enterprise. These forces are customer, creditors, competitors, government, socio-cultural organizations, political parties national and international organizations etc. some of those forces affect the business directly which some others have indirect effect on the business. Types of Environment 1Internal Environment The internal environment is the environment that has a direct impact on the business. Here there are some internal factors which are generally controllable because the company has control over these factors. It can alter or…