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Flashcards - CSET Business - Macroeconomics: Fiscal and Monetary Policy

Flashcards - CSET Business - Macroeconomics: Fiscal and Monetary Policy
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Fiscal policy
In economics and political science, fiscal policy is the use of government revenue collection and expenditure to influence the economy
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3 cards in set
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Fiscal policy
In economics and political science, fiscal policy is the use of government revenue collection and expenditure to influence the economy
Open market operations
An open market operation is an activity by a central bank to give liquidity in its currency to a bank or a group of banks
the business cycle
The business cycle or economic cycle is the downward and upward movement of gross domestic product around its long-term growth trend

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