7.1 Fiscal Policy and Effects o Concept of fiscal policy Fiscal policy is the macroeconomic policy that the government implements by adjusting the aggregate demand to control unemployment, inflation and to realize economic growth and the balance of international payments 友学经济学院7.1 Fiscal Policy and Effects  Concept of fiscal policy ❖ Fiscal policy is the macroeconomic policy that the government implements by adjusting the aggregate demand to control unemployment, inflation and to realize economic growth and the balance of international payments