Section 5
Politics and Economic Policy
By Boundless
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Fiscal policy is the use of government revenue collection (taxation) and expenditure (spending) to influence the economy.
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Deficit spending and public debt are controversial issues within economic policy debates.
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Monetary policy is the process by which a country controls the supply of money in order to promote economic growth and stability.
Income security policy is designed to provide a population with income at times when they are unable to care for themselves.
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The role of the federal government in the economy has been a central debate among economists and political scientists for two centuries.
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Global political instability is rising fast due to the global financial crisis and is creating new challenges that need to be managed.
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The relationship between business and labor has been at the center of economic and political theory for the last two centuries.