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Text File  |  1992-09-03  |  441b  |  12 lines
  1. That part of government policy devoted to
  2. achieving the desired level of revenue,
  3. notably through taxation, and deciding the
  4. priorities and purposes governing
  5. expenditure. British governments after 1945
  6. customarily made frequent adjustments to
  7. fiscal policy in order to regulate the level
  8. of economic activity. However, since 1979 the
  9. Conservative administration has placed
  10. greater emphasis on monetary policy (control
  11. of the money supply).
  12.