The spending and taxing policies used by the government to influence the economy refer to

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Fiscal policy refers to the measures taken by the government to manage the economy. This includes both spending policies, such as government investment in infrastructure, and taxing policies, such as changes to income tax rates. Monetary policy, on the other hand, refers to the actions taken by a central bank to control the supply and demand of money in the economy. Ad hoc policy refers to policies implemented on a case-by-case basis, rather than as part of a structured framework. Trade policy refers to measures taken by the government to regulate international trade.

The Spending and Taxing Policies Used by the Government to Influence