domestic policy that uses funding from general tax revenues to administer programs that provide benefits to certain businesses, groups, or individuals is known as _____.

Respuesta :

Domestic policy that uses funding from general tax revenue to administer programs that provide benefits to certain businesses, groups, or individuals is known as fiscal policy.

What is  fiscal policy?

A fiscal policy is one in which the government use taxation, public expenditure, and public borrowing as tools to accomplish specific economic policy goals. In a nutshell, it is the practise of using taxes and expenditure by the government to generate sustainable growth. For instance, governments can decrease taxes and increase spending to stimulate the economy if necessary; normally, they spend on social programmes and infrastructure projects that generate income and jobs. Or, if the economy is strong, a government may decide to cut spending while raising taxes. Fiscal policy is the use of government revenue collection and expenditure to affect a nation's economy in economics and political science.

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