supply side policies

Question 1

what are demand side policies?

Answer 1

demand side policies are policies designed to increase consumer demand, so that total production in the economy increases

Question 2

what are the 2 types of demand side policies?

Answer 2

.fiscal policy and monetary policy

Question 3

what is monetary policy?

Answer 3

.monetary policy is essentially used by the gov, to control money flow of economy
.this is done with interest rates and quantitive easing
.conducted by BOE
.independent from the government