Question

what is economic policies​

Answer 1

Answer:

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ᴇxᴛʀᴀᴄᴛ ᴍᴏʀᴇ ʀᴇᴠɴᴜᴇ

ғɪɴᴅɪɴɢ sᴏᴜʀᴄᴇ ᴏғ ᴄʜᴇᴀᴘ ʀᴀᴡ ᴍᴀᴛᴇʀɪᴀʟ

ᴇxᴘᴀɴᴅɪɴɢ ᴛʜᴇ ɪɴᴅɪᴀɴ ᴍᴀʀᴋᴇᴛ sᴏ ᴛʜᴀᴛ ʙʀɪᴛɪsʜ ɢᴏᴏᴅs ᴄᴏᴜʟᴅ ʙᴇ sᴏʟᴅ ɪɴ ʟᴀʀɢᴇʀ ϙᴜᴀɴᴛɪᴛɪᴇ

Economic policy is the term used to describe government actions that are intended to influence the economy of a city, state, or nation. Some examples of these actions include setting tax rates, setting interest rates, and government expenditures.

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Answer 2

Answer:

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.

Explanation: