Uses of Fiscal Policy:    Fiscal policy can be used to control inflation and to achieve economic stability, growth and

 Deficit Financing:      Deficit financing means generating funds to finance the deficit which results from excess of expenditure over

 Public Debt:     Now a day public expenditure has increased in the view of increasing activities of the government.

Public Expenditure : Public expenditure  refers to the expenses incurred by the public authorities – central government, state government and local

Public Revenue:    “Income of the government from all its sources is called public revenue.”    It includes income from

 Public Finance : Public finance is the study of the income and expenditure of public authorities.      Here, the