Types Of Economic Policy

Question 1

What are the government’s key objectives of the economic policy?

Answer 1

1. The increase the economic competitiveness in the context of EU globalisation and economic integration.
2. Promoting long term sustainable economic growth.
3. Increasing employment.

Question 2

What are the three main types of government economic policies?

Answer 2

1. Fiscal Policy
2. Monetary Policy
3. Supply-side Policies