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5 Cards in this Set
- Front
- Back
Fiscal Policy |
The use of government spending and taxation to achieve governments policy objectives |
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Monetary policy |
The use of interest rates to achieve the governments policy objectives |
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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 |
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Policy instrument |
A tool or set of tools used to try and achieve a policy objective |
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Policy objective |
A target or goal that policy makers aim to 'hit' |