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Values
Fiscal Policy
Government adjustments in spending levels and tax rates to monitor and influence a nation's economy.
Economic Activity
Actions that involve the production, distribution, and consumption of goods and services within an economy.
Progressive Tax
A tax system in which the tax rate increases as the taxable amount increases, often targeting higher incomes with higher tax rates.
Monetary Policy
The process by which a central bank or monetary authority manages the supply of money and interest rates to achieve macroeconomic objectives like controlling inflation, consumption, growth, and liquidity.
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