Governmental policy tools for managing economies including taxation and spending is called _____ .

Name: Governmental policy tools for managing economies including taxation and spending is called _____ .
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Fiscal policy refers to the use of government spending and taxation to influence the economy. Monetary policy refers to central bank actions related to the money supply and interest rates, while exchange rate refers to the value of one currency relative to another.

Governmental Policy Tools for Managing Economies Including Taxation and Spending