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Two way how the government impacts/affects the economy?

2 Answers

4 votes

Answer:

adjusting the cost of borrowing money (by lowering or raising the interest rate)

managing the money supply

and controlling the use of credit.

User Celeste Capece
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Step-by-step explanation:

The government may also adjust spending, tax rates, or introduce tax incentives. ... As a result, these elected members of the government have a great deal of influence on the economy. Fiscal and monetary policies are intended to either slow down or ramp up the speed of the economy's rate of growth

User Dennis Lyubyvy
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