Fiscal Policy. Fiscal Policy refers to the use of the spending levels and tax rates to influence the economy. It is the sister strategy to monetary policy which deals with the central bankâs influence over a nationâs money supply. The governing bodies use combinations of both these policies to achieve the desired economic goals.
Definition of carriage trade. : trade from well-to-do or upper-class people; also : well-to-do people.
A machine shop or workshop is any facility (or room) used to perform different machining processes. The machining room or building consists of machining equipment such as lathes, milling machines, and surface grinders for fabricating as well as finishing a product.