Examlex
New micro- and macro-political challenges have arisen from
Fiscal Policy
Government strategies used to influence economic conditions through spending and taxation.
Budget Deficits
The situation where a government's expenditures exceed its revenues, leading to the accumulation of debt.
Demand-Side Economics
Macroeconomic policy that focuses on shifting the aggregate demand curve as a way of promoting full employment and price stability
Supply-Side Economics
Macroeconomic policy that focuses on a rightward shift of the aggregate supply curve through tax cuts or other changes to increase production incentives.
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