The use of demand management policy (fiscal or monetary) to smooth out business cycles is called fine tuning.
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Q76: The difference between government revenue and government
Q77: Pure fiscal policy describes the use of
Q78: The less government expenditure falls as national
Q79: The less taxes rise as national income
Q80: The more government expenditure rises as national
Q82: Fine tuning is the use of demand
Q83: Crowding out is where increased private expenditure
Q84: Monetarists believe that monetary policy should concentrate
Q85: If the Bank of England sets the
Q86: The central bank lending rate cannot be
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