Typical costs: 1  Converting existing floor space inside a garage, basement or attic into a simple bathroom starts around $3,000-$6,000. 2  However, costs can be $7,000-$25,000 or more for a more luxurious bathroom, or if the new bathroom is far from existing water and sewer lines. Adding new floor space to your home for a basic 6x8-foot bathroom addition starts around $25,000-$50,000 and goes up depending on complexity, quality of fixtures, number of amenities and local labor rates.
Return to top. Fiscal policy is the use of government spending and taxation to influence the economy. When the government decides on the goods and services it purchases, the transfer payments it distributes, or the taxes it collects, it is engaging in fiscal policy.
Contractionary policy is intended to slow inflation in order to avoid the resulting distortions and deterioration of asset value. Monetary policy differs from fiscal policy, which refers to taxation, government spending, and associated borrowing.