Two major policies used by the government to affect economic conditions are:

Question

Quizplus · Accepted Answer

The two major policies used by the government to affect economic conditions are fiscal policy and monetary policy. Fiscal policy refers to the government's use of taxation and spending to influence the economy, while monetary policy refers to the actions taken by the central bank to regulate the supply of money and credit in the economy. These policies are used to achieve various macroeconomic objectives, such as controlling inflation, promoting economic growth, and reducing unemployment.

Two Major Policies Used by the Government to Affect Economic