+
3 Tutorials that teach Monetary policy/Fiscal policy
Take your pick:
Monetary policy/Fiscal policy

Monetary policy/Fiscal policy

Author: Colton Cranston
Description:
This lesson covers monetary policy and fiscal policy.
(more)
See More
Try a College Course Free

Sophia’s self-paced online courses are a great way to save time and money as you earn credits eligible for transfer to over 2,000 colleges and universities.*

Begin Free Trial
No credit card required

25 Sophia partners guarantee credit transfer.

221 Institutions have accepted or given pre-approval for credit transfer.

* The American Council on Education's College Credit Recommendation Service (ACE Credit®) has evaluated and recommended college credit for 20 of Sophia’s online courses. More than 2,000 colleges and universities consider ACE CREDIT recommendations in determining the applicability to their course and degree programs.

Tutorial

Notes on "Monetary Policy/ Fiscal Policy"

Terms to Know

  • Monetary Policy
  • Policy typically set by a central banking authority, whereby money supply access and the resulting cost or access to money (interest rate), is varied to assist in stabilizing economic activity.
  • Fiscal Policy
  • Policy typically set by a central government authority whereby government spending is adjusted to stabilize economic activity.
  • Federal Reserve
  • The central banking authority for the United States with direct oversight authority for monetary policy.
  • Expansionary Policy
  • Either monetary or fiscal policy that is enacted to stimulate economic growth (as measured by the GDP growth rate).
  • Contractionary Policy
  • Either monetary or fiscal policy that is enacted to slow economic growth (as measured by the GDP growth rate).
  • Neutral Policy
  • Either monetary or fiscal policy that is enacted with the intent to maintain the economy at its present growth trajectory—non-intervening policy.