The goal of fiscal and all macroeconomic policy is to achieve or maintain full employment, high rate of economic growth, and to stabilize prices and wages.
Macroeconomic policy aims to provide a stable economic environment to the country that is conducive to strong and sustainable economic growth. The key pillars of macroeconomic policy are fiscal policy, monetary policy and exchange rate policy. Macroeconomic policy is concerned with the operation of the economy as a whole.
In economics and political science, fiscal policy is the use of government revenue collection and expenditure to influence a country's economy. Fiscal and macroeconomic policies are very important for the stability of economy.
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