Gov Review Video #40: Monetary & Fiscal Policy

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Presentation transcript:

Gov Review Video #40: Monetary & Fiscal Policy Everything You Need To Know About Monetary Policy To Succeed In Gov

Monetary Policy: A Brief Intro What is it? Controlled by the FEDERAL RESERVE (FED) Controls the supply of $ Sets interest rates, and controls inflation

Fiscal Policy: A Brief Intro What is it? Influenced by Congress and the President President proposes a budget (OMB) as Chief Legislator Congress ultimately passes the budget, often based on the president’s proposals Government spending and tax rates are a part of fiscal policy

Test Tips Multiple-Choice: Examples of monetary and fiscal policy Free Response: Defining and identifying aspects of monetary and fiscal policy

See You Back Here For Video #41: The Federal Budget: A Brief Intro Thanks for watching Best of luck!