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Fiscal Neutrality Definition.

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Fiscal Neutrality Definition: Fiscal neutrality is the principle that the government’s budget should neither increase nor decrease the overall level of economic activity. In other words, fiscal policy should not be used to promote economic growth or contraction. The idea of fiscal neutrality is based on the theory of fiscal neutrality, which states that changes … Read more

Privately Owned.

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A privately owned company is a company that is not owned by the government or by the public. Privately owned companies may be owned by individuals, by families, or by other private companies. Privately owned companies are usually smaller than publicly owned companies. Who owns privately owned companies? There are two types of privately owned … Read more