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Fiscal policy is the controlling of money to have an overall influence of the economy. Fiscal policy is based on ideas from economist John Maynard Keynes.

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Alicia Benitez

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4y ago

Monetary policy controls money to influence the economy

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Q: Controlling money to influence the economy is called?
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Related questions

Who did Hitler claim was controlling the money and banks of Germany?

Hitler claimed the Jews was secretly controlling the economy of Germany.


What best describes monetary policy?

Managing the economy by controlling the money supply


Government can influence the economy by regulating what?

There are many ways government regulation can influence the economy. Probably the most dramatic way is by increasing or decreasing the amount of money -- the money supply. unsafe working conditions


Monetary policy seeks to influence the economy through what?

avalibilty of credit and money


What is is the purpose of the Federal reserve bank?

The Federal Reserve Bank manages the U.S. economy by controlling the money supply.


As the leader of the Chicago School Milton Friedman became associated with what economic theory based on controlling the supply of money in an economy?

Monetarism


What is Money economy?

money economy is an economy money


Who administers Fiscal Policy?

The fiscal policy, which is, controlling the level of taxes and government spending, is left to the government. On the other hand, the monetary policy, that is, the tools fr controlling money supply in the economy, is controlled by the central bank.


What is the difference between monetarism and supply side economy?

They both hold a similar view that the economy should be left alone as much as possible. But monetarist theory suggests that the central bank should influence the economy by controlling the money supply to a particular end, while supply-side theorists advocate the government manipulating tax rates in order to stimulate savings and investment is the appropriate approach to economic success.


What concept involves controlling the supply of money and credit to influence the economy?

Monetary PolicyThe actions of a central bank, currency board or other regulatory committee that determine the size and rate of growth of the money supply, which in turn affects interest rates. Monetary policy is maintained through actions such as increasing the interest rate, or changing the amount of money banks need to keep in the vault (bank reserves).


How do central banks impact the global economy?

They influence the national money supply,which affects the volume of international trade.


What does too much money in the economy mean?

it's called hyper inflation