Economic Policy Flashcards

1
Q

government agency

A

a managerial department within government

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2
Q

interest group

A

a group of similar ideals who provide the origin of action in society

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3
Q

policy

A

the procedure or management of an issue

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4
Q

wealth

A

owning valuable materials or having many resources

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5
Q

fiscal policy

A

that which determines government taxation and spending

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6
Q

monetary policy

A

that which determines the money supply

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7
Q

regulatory policy

A

that which creates rules and regulations that regulate businesses

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8
Q

trade policy

A

that which controls trade that happens between countries

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