National Fiscal and Monetary Policy - Lecture 4

?
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

Other cards in this set

Card 2

Front

How many months does no economy growth have to surpass in order to be known as a Recession?

Back

3 months

Card 3

Front

What is the Monetary Policy?

Back

Preview of the front of card 3

Card 4

Front

When was the Bank Of England Established?

Back

Preview of the front of card 4

Card 5

Front

Deflation can be due to:

Back

Preview of the front of card 5
View more cards

Comments

No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »See all International Business Environment resources »