Economic Policies

3. a plan for the federal government's revenue's and spending for the coming year
6. budget in which revenues are equal to spending
7. inflation that is out of control; very high inflation
8. a bill that sets money aside for specific spending
9. fiscal policies, like higher spending and tax cuts, that encourage economic growth
11. the research arm of the federal reserve
12. the actions the federal reserve takes to influence the level of real GDP and the rate of inflation in the economy
13. the idea that free markets can regulate themselves
14. the process by which money enters into circulation
15. the belief that the money supply is the most important factor in macroeconomic performance

1. fiscal policies, like lower spending and higher taxes, that reduce economic growth
2. form of demand-side economics that encourages government action to increase or decrease demand and output
4. all the money the federal government owes to bondholders
5. a school of economics that believes tax cuts can help an economy by raising supply
10. the title of the presentation and lesson
11. the use of government spending and revenue collection to influence the economy