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Introduction to Economics 2
INTRODUCTION TO ECONOMICS II (İKTİSADA GİRİŞ II) - (İNGİLİZCE) Dersi Basic Concepts and National Income Accounting soru cevapları
INTRODUCTION TO ECONOMICS II (İKTİSADA GİRİŞ II) - (İNGİLİZCE) Dersi Basic Concepts and National Income Accounting soru detayı:
SORU:
Please define the concepts of fiscal policy and monetary policy.
CEVAP:
Fiscal policy is the decisions related to taxes that government collects and expenditures that government makes. On the other hand, monetary policy is the measures that the central bank takes to control the quantity of money in the economy.