economic policy

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8 Terms

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economic policy

what does the state do for the economic realm?

2
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political economy

how politics and the economy interact

3
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GDP

value of all the goods and services produced in a country in a specific time period

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economic growth

change in GDP over time

5
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unemployment

people of working age who are not employed but available for work

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inflation

rise in prices of goods and services

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fiscal policy

revenue collection and public spending

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monetary policy

money supply and interest rates