Impact of Fiscal Policy on the Pharmaceuticals Industry Essay --

Fiscal policy, Gross Domestic Product, Economics and Classical view of Economics and their overall impact on the likes of a company like Wyeth, a Pharmaceutical Company, and building upon such a correlation is what this article is all about. Fiscal Policy is the other half of the two-legged approach of the government to maintain stability within an economy while trying to maintain the sanctity of things and trying to achieve the targets outlined. The other part is the monetary policy. Fiscal policy is all about the earnings and expenditures of the government. The sources of revenue are the various forms of taxes whereas the expenses are the ones regarding the public utilities, defense etc. Gross Domestic Product is the total worth of all the goods and services produced within any given economy and the idea is to produce as much as possible. It beneficially impacted by the positive net exports and that has a good effect on the Exchequer of the country. GDP is in so many ways a true measure of the overall living standard of the economy. Mind you the GDP does not include the remittanc...