Question

what is economic policies​

Answer 1

Answer:

$\huge\green{\mid{\fbox{\tt{ANSWER࿐}}\mid}}$

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.

$\huge\underline{\overline{\mid{\bold{\pink{ɪᴛᴢᴍøøɴʙøʏ-}}\mid}}}$

Answer 2

Economic policies:-

Policy makers undertake three main types of economic policy:

Fiscal policy: Changes in government spending or taxation.

_______________________________

Monetary policy: Changes in the money supply to alter the interest rate (usually to influence the rate of inflation).

_______________________________

Supply-side policy: Attempts to increase the productive capacity of the economy.