Examlex
Becca is planning to study for a semester overseas and she knows that it is beneficial to be aware of another culture's customs.In her research of different customs she learns that:
Fiscal Policy
Government policies regarding taxation and spending that influence economic conditions.
Rational Expectations
The hypothesis that individuals form forecasts about the future based on all available information in an unbiased and logical manner.
Monetary
Pertaining to money, including aspects related to money supply, banking, and monetary policy used by a government to influence an economy.
Fiscal Policy
Government adjustments in spending levels and tax rates to monitor and influence a nation's economy.
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