Stances. The three main stances of fiscal policy are: Neutral fiscal policy is usually undertaken when an economy is in equilibrium. Government spending is fully funded by tax revenue and overall the budget outcome has a neutral effect on the level of economic activity.
1. Progressive, moving forward to improve the citizens quality of life and equality. 2. Regressive, moving backwards to reduce its citizens quality of life and equality. 3. Static, keeping things the status quo. Hope this helps you.
