2730896
Description
Mind Map by amandabraden, updated more than 1 year ago
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Created by amandabraden
over 9 years ago
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Fiscal
Policy
- Goals: increase economic growth, having less taxes. Limits: difficult to change spending levels.
- Classical economics: Free market regulate themselves
- Causes: Government spends more than it collects
- Monetary Policy
- split into two parts and the first part is History: Federal Reserve Act of 1913. Structure: the twelve district banks
- Functions of the Fed is broke into four parts. Serve Government which is checking account, Serve Banks clearing checks, Regulate Banks examines banks, Regulate Money Supply demand for money.
- to control the money supply by increasing an decreasing
- Economic Stability: Interest rate, money supply
- Economic Stability: Interest rate, money supply
- to control the money supply by increasing an decreasing
- Functions of the Fed is broke into four parts. Serve Government which is checking account, Serve Banks clearing checks, Regulate Banks examines banks, Regulate Money Supply demand for money.
- split into two parts and the first part is History: Federal Reserve Act of 1913. Structure: the twelve district banks
- Monetary Policy
- Causes: Government spends more than it collects
- Classical economics: Free market regulate themselves
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