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Fiscal/Monetary Policy

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Presentation on theme: "Fiscal/Monetary Policy"— Presentation transcript:

1 Fiscal/Monetary Policy
By: Tony Williams

2 a) Define Fiscal Policy
Taxing Spending The budget 1 pt.

3 b) One Executive Influence
President and fed. budget Signs/vetoes legislation White House Office of Management and Budget (OMB) 1 pt.

4 c) Legislative Influence
Pass federal budget. Tax & Spending Congressional Budget Office (CBO) 1 pt.

5 d) Define monetary policy
Regulating the money supply Controlling inflation/deflation Adjusting interest rates to regulate econ. Adjusting bank reserve requirements Cost of money 1 pt.

6 e) Federal Reserve Board
Why is it given independence? -Removes politics -Expertise. -Efficiency 2 pts.

7 http://apcentral. collegeboard

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