Complete the Following Table

question 179

Essay

Complete the following table.

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Definitions:

Fiscal Policy

Government strategies related to taxation and public spending, used to influence the economy and fund public services.

Taxing and Spending

The government's practice of collecting revenues through taxes and deciding on the allocation of these funds for various public expenditures.

Board of Governors

The leading body or executive committee that governs the activities of an organization, such as a central bank or regulatory authority.

Federal Reserve

The central banking system of the United States, responsible for regulating the country's financial institutions and managing its monetary policy.