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Economics S5 Chapter 1
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The policy involves government activities related to raising revenues and spending them called _____________.
Fiscal policy
The government making payments to individuals or groups without receiving any goods or services in return called ____________.
Transfer payments
How many percent of BI Rate in 2025?
5,25 %
How many percent of GWM in 2025?
4 %
Give one instrument of monetary policy
OPT/ Reserve requirement (GWM)/ Discount policy/ Credit policy
What is our central bank?
Bank Indonesia
Who is our previous Minister of Finance?
Sri Mulyani
Give one benefit of monetary policy
Controls inflation
Which policy directly affects government revenue and spending?
Fiscal policy
Which policy directly affects the money supply?
Monetary policy
Which policy (monetary or fiscal) is managed by the central bank?
Monetary policy
Which policy (monetary or fiscal) changes tax rates?
Fiscal policy
Which policy (monetary or fiscal) controls interest rates?
Monetary policy
Give one instrument of fiscal policy
Government expenditure/ transfer payments/ taxation
What is APBN stand for?
Anggaran Pendapatan dan Belanja Negara
Who manages monetary policy in Indonesia?
Bank Indonesia
Who manages fiscal policy in Indonesia?
Ministry of Finance
What is fiscal policy talk about?
Government income (revenue) and expenditure (spending)
What is credit policy?
The policy regulates about how banks give loans
What is the minimum reserve requirement (GWM)?
The percentage of deposits banks must keep as reserves
If Bank Indonesia buys government securities, what happens to the money supply?
It increases
If Bank Indonesia sells government securities, what happens to the money supply?
It decreases
What is open market operations?
Buying and selling government securities
What is monetary policy talk about?
money supply
What happens if the money supply is too high?
Inflation
Which institution in Indonesia is responsible for monetary policy?
Bank Indonesia
What is the main goal of monetary policy?
To maintain economic stability
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