business unit 1

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definition of fiscal policy
government controls tax rates, spending and borrowing and influence a nations economy
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definition of monetary policy
a committee that determines the size and rate of growth of hte money supply
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deinfion of demand
the price customers are willing to pay for goods or services
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definition of supply
the amount of something people have to sell
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definition of a movement
this is caused by a change in price
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definition of a shift
this is caused by a change in factors that affecte it
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Card 2

Front

a committee that determines the size and rate of growth of hte money supply

Back

definition of monetary policy

Card 3

Front

the price customers are willing to pay for goods or services

Back

Preview of the back of card 3

Card 4

Front

the amount of something people have to sell

Back

Preview of the back of card 4

Card 5

Front

this is caused by a change in price

Back

Preview of the back of card 5
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