The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

MICROECONOMIC POLICY Definition & Legal Meaning

Definition & Citations:

Specific sectors, industries, markets, or demographics are targeted by this specific type of economic policy. Specific ways of businesses and consumers interaction is the focus. Intended to bring about economic or political goals, this frequently becomes incentives or penalties to get or retard certain economic behavior, .

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