Explain any two principles relating to economic policy.
Answers
Explanation:
The economic policy of governments covers the systems for setting levels of taxation, government budgets, the money supply and interest rates as well as the labour market, national ownership, and many other areas of government interventions into the economy.
Most factors of economic policy can be divided into either fiscal policy, which deals with government actions regarding taxation and spending, or monetary policy, which deals with central banking actions regarding the money supply and interest rates.
Such policies are often influenced by international institutions like the International Monetary Fund or World Bank as well as political beliefs and the consequent policies of parties.
Hope this helps u
plz.... mark me as the branliest n do follow me
Answer:
Principles of Economics Principles of Economics that we will replicate here, they are:
Explanation:
- People face trade-offs
- The cost of something is what you give up to get it
- Rational people think at the margin