What operates mainly through the raising and lowering of tax rates and levels of public expenditure?

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Fiscal policy involves the government's actions in adjusting its spending levels and tax rates to influence the economy's overall direction. By raising or lowering taxes and public expenditure, the government can impact economic growth, inflation, and employment levels. Monetary policy, on the other hand, involves changing interest rates and the money supply to achieve the same goals. Supply-side economics focuses on incentivizing economic growth by removing barriers and promoting entrepreneurship, investment, and innovation. Economic regulatory policy aims at regulating markets to promote competition and protect consumers. Political economic policy addresses broader economic and societal issues such as income inequality and environmental sustainability.

What Operates Mainly Through the Raising and Lowering of Tax