Exchange rate policy refers to actions taken by a government or central bank to influence the value of
Glossary Category: Economics
government failure in macroeconomic policies
Government failure in macroeconomic policies happens when government actions intended to improve the economy lead to worse outcomes
interventionist supply-side policies
Interventionist supply-side policies are direct actions taken by the government to influence economic activity, rather than relying on
conflicts arising from the outcome of macroeconomic policies
Conflicts from macroeconomic policies occur when actions taken to meet one economic goal unintentionally make it harder to
international trade policy
International trade policy refers to the rules and actions that governments use to regulate the flow of goods
market-based supply-side policies
Market-based supply-side policies are government strategies that use market forces and price signals to influence economic behavior, rather
Laffer curve
The Laffer curve is an economic theory that shows the relationship between tax rates and the total government
Phillips curve
Original
relationship between growth and the balance of payments
Economic growth and the balance of payments are closely linked, mainly because higher income levels change how much
relationship between growth and inflation
Original