Flashcards on Monetary and Fiscal Policy

Vocabulary flashcards based on lecture notes about monetary and fiscal policy.

Kebijakan Moneter (Monetary Policy)

Kebijakan pemerintah melalui Bank Sentral untuk mengendalikan jumlah uang yang beredar dalam rangka mencapai kestabilan ekonomi. (Government policy through the Central Bank to control the money supply in order to achieve economic stability.)

Kebijakan Moneter Kontraktif (Contractionary Monetary Policy)

Kebijakan bank sentral untuk mengurangi jumlah uang beredar. (Central bank policy to reduce the money supply.)

Kebijakan Moneter Ekspansif (Expansionary Monetary Policy)

Kebijakan bank sentral untuk menambah jumlah uang beredar. (Central bank policy to increase the money supply.)

Operasi Pasar Terbuka (Open Market Operations)

Kegiatan jual beli surat berharga pemerintah oleh bank sentral baik di pasar primer/sekunder melalui mekanisme lelang/non lelang. (The activity of buying and selling government securities by the central bank in the primary/secondary market through auction/non-auction mechanisms.)

Cadangan Kas/Giro Wajib Minimum (GWM) (Minimum Reserve Requirement)

Cadangan kas minimum yang wajib dimiliki oleh setiap bank umum. (The minimum cash reserve that every commercial bank must have.)

Kebijakan Fiskal (Fiscal Policy)

Kebijakan pemerintah yang dilakukan untuk memperbaiki kondisi perekonomian melalui penerimaan atau pengeluaran negara (APBN). (Government policy to improve economic conditions through state revenue or expenditure (APBN).)

Kebijakan Fiskal Ekspansif (Expansionary Fiscal Policy)

A policy that includes increasing government spending, increasing transfer payments, or lowering taxes.

Kebijakan Fiskal Kontraktif (Contractionary Fiscal Policy)

A policy that includes decreasing government spending, decreasing transfer payments, or increasing taxes.

Pembayaran Transfer (Transfer Payment)

Pembayaran/penerimaan dana dari pemerintah tanpa balas jasa. Contoh: jaminan sosial & beasiswa mahasiswa. (Payment/receipt of funds from the government without compensation. Examples: social security & student scholarships.)