12-3 Flashcards
1
Q
Federal governments attempt to influence or stabilize the economy through taxing and government spending
A
Fiscal policy
2
Q
Programs that automatically trigger benefits of changes in the economy threaten income
A
Automatic stabilizer
3
Q
Policies designed to stimulate output and lower unemployment by increasing production rather than by stimulating demand
A
Supply-side policies
4
Q
Removing government regulations that restrict the activities of firms in certain industries
A
Deregulation
5
Q
Places primary importance on the role of money in the economy
A
Monetarism
6
Q
Most unstable sector
A
Business/investment sector
