Unit 5 Vocab #1

the government's use of taxes and/or spending to maintain stable prices and unemployment as well as steady economic growth,

• fiscal policy

• monetary policy

• government policy

• spending policy

type of fiscal policy in which the government decreases taxes and/or increases government spending in order to reduce unemployment; may cause inflation

• expansionary fiscal policy

• expansionary monetary policy

• contractionary fiscal policy

• contractionary monetary policy

type of fiscal policy in which the government increases taxes and/or decreases government spending in order to fight inflation; may cause unemployment

• expansionary fiscal policy

• expansionary monetary policy

• contractionary fiscal policy

• contractionary monetary policy

central bank of the United States; changes interest rates in order to maintain a stable economy

• Federal Reserve

• First Bank

• Silicon Valley Bank

• First Republic

the use of interest rates to influence the amount of money flowing through the economy; enacted be the central bank of the United States

• monetary policy

• fiscal policy

• central policy

• interest policy