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Types of Public Policy

Fiscal Policy
Fiscal Policy

In economics and political science, fiscal policy is the use of government revenue collection (mainly taxes) ... funds will need to come from public borrowing ...

Monetary Policy
Monetary Policy

Monetary policy is the actions of a central bank, currency board or other regulatory committees that determine the size and rate of growth of the money supply, which will affect interest rates.

Supply-Side Policy
Supply-Side Policy

Free-market supply-side policies involve policies to increase competitiveness and competition. For example, privatisation, deregulation, lower income tax rates, and reduced power of trade unions. Interventionist supply-side policies involve government intervention to overcome market failure.