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8 Cards in this Set
- Front
- Back
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Fiscal policy |
The use of government spending and revenue collection to influence the economy |
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Federal budget |
a plan for the federal government's revenues and spending for the coming year |
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Fiscal year |
A twelve month period that can begin on any date |
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Office of management and budget |
Government office that manages the federal budget |
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Congressional budget office |
Government agency that provides economic data to Congress |
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Appropriations bill |
A bill that sets money aside for specific spending |
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Expansionary policy |
Fiscal policies, like higher spending and tax cuts, that encourage economic growth |
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Contractionary policies |
Fiscal policies, like lower spending amd higher taxes, that reduce economic growth |
