macroeconomic policy, aimed at the aggregate economy, usually to promote the macro goals of full employment,stability, and growth., trade policy, a government's policy controlling foreign trade., public sector, The part of the economy concerned with providing basic government services as the police, military, public roads, and so on., monetary policy, the process by which the monetary authority of a country controls the supply of money, often targeting a rate of interest for the purpose of promoting economic growth and stability, fiscal policy, the use of government expenditure and revenue collection to influence the economy, interest rate, the percentage of a sum of money charged for its use, government spending, includes all government consumption and investment but excludes transfer payments, government revenue, includes all amounts of money (i.e. taxes and/or fees) received from sources outside the government entity., money supply, includes cash, coins and balances held in checking and saving, inflation, a progressive increase in the general level of prices brought about by an expansion in demand or the money supply or by autonomous increases in costs.

unit 6

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