EZ
use of interest rates and the money supply to affect demand – run by Bank Central (Bank Indonesia)
monetary policy
central bank in America
The federal
APBN stands for
Anggaran Pendapatan dan Belanja Negara
a relative price of one currency expressed in terms of another currency
exchange rate
A country in Middle East Asia that does not charge income tax and only impose 5% VAT
The UAE
2 policies that are used to control economy
fiscal and monetary policy
use of taxation, government spending and government borrowing to influence the economy
fiscal policy
Emoji Guess
topic: fiscal policy
Public goods
2 types of monetary policy
Loose and tight monetary policy
Current Ministry of Economy in Indonesia
Airlangga Hartanto
Name 3 state owned banks
BRI, Mandiri, BNI, BTN
define contractionary fiscal policy
policy to decrease aggregate demand/increasing revenue or tax revenue
the term for fiscal policy aiming to increase aggregate demand
expansionary fiscal policy
In 2023, the government revenue in the United Kingdom amounted to around 1,039.26 billion pounds, while government spending came to around 1,201.48 billion pounds
This means UK run a ...............budget
deficit
This country was extremely poor and now has developed into a rich economy country. The main mechanism for economic development was government-led industrialization.
South Korea
Sales tax is also known as
Value added tax
Who responsible in supplying money to the society/economy?
CENTRAL bank
(bank is incorrect)
Governments may implement countercyclical fiscal policies, such as reducing taxes during economic downturns to stimulate spending or increasing taxes during economic booms to cool down inflation.
This is a function of tax as.....?
Economic Stabilization
To decrease inflation, central bank discourages people from spending by ............. the money supply.
decreasing
Emoji Guess
topic: monetary policy
Crydeath Card/ credit card
Minister of Finance of Indonesia since 2016
Sri Mulyani
Selling bonds and buying bonds are monetary policy instrument use to control inflation
What is the term for these instrument?
Open Market Policy
country with highest inflation rate
argentina
march 2025 inflation rate in indonesia
1.03% yoy (year on year)
The Ministry of Finance of the Republic of Indonesia stated that state revenue in 2025 is projected to reach Rp........
Rp3,005.1 trillion.