Glossary Category: Macro Intervention - Page 4 - 3auk

ad valorem tax

An ad valorem tax is a type of tax based on the assessed value of an item, such

A specific tax (also known as a unit tax) is a fixed amount of money charged for every

Supply-side policies are government actions aimed at increasing the productivity, efficiency, and competitiveness of an economy. By improving

Monetary policy, which involves changes in interest rates and the money supply by a central bank, influences a

Fiscal policy refers to how a government uses taxation and government spending to influence the economy. This policy

The stability of the current account is an economic goal where a country aims to keep its balance

Protectionist policies are government actions created to limit imports. The goal is to support local businesses and improve

Interest rates refer to the cost of borrowing money or the return on saving money, expressed as a

The money supply refers to the total stock of currency and other liquid assets circulating within an economy

Credit regulations are a set of rules and policies implemented by a country’s central bank to influence the