It is COMMON to hear debate about, for example, which HEALTH policy a government should or will adopt. A government policy when adopted might take the form of law or regulations or instructions to government employees. We use the term “policy” BROADLY to include, for example, the prices a company CHARGES for its products, the arrangement of employees’ work space, the type of information a board PROVIDES to shareholders, the extent to which pesticide residues are monitored, the setting of the overnight cash rate, etc.

It is common to hear debate about, for example, which health policy a government should or will adopt. A government policy when adopted might take the form of law or regulations or instructions to government employees. We use the term “policy” broadly to include, for example, the prices a company charges for its products, the arrangement of employees’ work space, the type of information a board provides to shareholders, the extent to which pesticide residues are monitored, the setting of the overnight cash rate, etc.