Question

Match the correct economic terms to their description

Answer 1

monetary policy - Federal reserve's tool to influence the money supply in the economy

factor market - A market where firms buy services related to production

product market - A market where finished goods and services are traded

fiscal policy - Federal government's way to influence the economy through taxes

Answer 2

monetary policy -- Federal government's way of influencing the economy through taxes.

factor market -- A market where firms buy services related to production.

product market -- A market where finished goods and services are traded.

fiscal policy -- Federal reserve's tool to influence the money supply in the economy.