When the government sets conditions on companies seeking to sell goods or services to
Government agencies it is called

Question

Quizplus · Accepted Answer

The contracting power refers to the government's ability to set conditions on companies seeking to sell goods or services to government agencies. This can include requirements for price, quality, and other factors. Fiscal policy refers to the government's use of taxation and spending to influence the economy, while monetary policy refers to the use of interest rates and other monetary tools. Budgetary policy refers specifically to the government's budget and spending priorities.

When the Government Sets Conditions on Companies Seeking to Sell