National Fiscal and Monetary Policy - Lecture 4 0.0 / 5 ? Business StudiesInternational Business EnvironmentUniversityNone Created by: Gareth MarsdenCreated on: 29-04-15 20:13 What is the definition of 'Fiscal Policy'? Changing the level of government spending and tax. 1 of 6 How many months does no economy growth have to surpass in order to be known as a Recession? 3 months 2 of 6 What is the Monetary Policy? Controlling the money supply and interest rates. 3 of 6 When was the Bank Of England Established? 1964 4 of 6 Deflation can be due to: Increased competition, Technological Advancements, Supply outweighing Demand. 5 of 6 The Great Depression resulted in how many citizens jobless? 15 Million 6 of 6
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