Budgeting and Tax Policy

Budgeting and Tax Policy

Learning Objectives

By the end of this section, you will be able to:

  • Discuss economic theories that shape U.S. economic policy
  • Explain how the government uses fiscal policy tools to maintain a healthy economy
  • Analyze the taxing and spending decisions made by Congress and the president
  • Discuss the role of the Federal Reserve Board in monetary policy
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