Business Terms and Jargon Explained

What is Fiscal Flexibility

Describes the ability of fiscal policy to adjust in response to economic shocks, and the speed with which that adjustment takes place.

Crown Copyright. Material taken from HM-Treasury. Reproduced under the terms and conditions of the Click-Use Licence.

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DVD CTR Legal tender
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Term created / updated 2007-03-25 21:46:06

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