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5 Cards in this Set

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Fiscal Policy

The use of government spending and taxation to achieve governments policy objectives

Monetary policy

The use of interest rates to achieve the governments policy objectives

Supply-side economics

A branch of free-market economics arguing that government policy should be used to improve the competitiveness and efficiency of a market

Policy instrument

A tool or set of tools used to try and achieve a policy objective

Policy objective

A target or goal that policy makers aim to 'hit'