Economic Policy Flashcards
1
Q
What are the 2 main types of policies
A
Demand side which mainly affects AD and supply side policies which mainly affects AS
2
Q
Two types of demand side policies
A
Fiscal and monetary policy
3
Q
Who manages all supply side policies in the uk
A
Uk gov
4
Q
Who manages fiscal policy
A
Uk Gov
5
Q
Who manages monetary policy
A
Bank of england