Editing Macroeconomic Policy (section)

== <span style="color: #FFFFFF;">Remembering</span> ==
* '''Macroeconomics''' — The study of the economy as a whole (GDP, inflation, unemployment).
* '''GDP (Gross Domestic Product)''' — The total value of goods and services produced in a country in a year.
* '''Inflation''' — The rate at which the general level of prices for goods and services is rising.
* '''Deflation''' — A decrease in the general price level of goods and services.
* '''Fiscal Policy''' — The use of government spending and taxation to influence the economy.
* '''Monetary Policy''' — The actions of a central bank to manage the money supply and interest rates.
* '''Interest Rate''' — The cost of borrowing money; the primary tool of monetary policy.
* '''The Federal Reserve (The Fed)''' — The central bank of the United States.
* '''Quantitative Easing (QE)''' — A form of monetary policy where a central bank purchases long-term securities from the open market to increase the money supply.
* '''Austerity''' — A set of political-economic policies that aim to reduce government budget deficits through spending cuts and/or tax increases.
* '''Keynesianism''' — The theory that government spending should increase during a recession to stimulate demand.
* '''Monetarism''' — The theory that the money supply is the chief determinant of economic activity.
* '''Supply-Side Economics''' — The theory that economic growth can be most effectively created by lowering taxes and decreasing regulation.
* '''The Business Cycle''' — The upward and downward movement of GDP over time (Boom and Bust).
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