Asked by Anamari Kolak on May 08, 2024
Verified
Fiscal and monetary policy are conducted by _____ people to attain ______ goals.
A) the same;the same
B) different;different
C) the same;different
D) different;the same
Fiscal Policy
Government adjustments to its spending levels and tax rates to monitor and influence a nation's economy.
Monetary Policy
The process by which a country's central bank or monetary authority controls the supply of money, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.
- Differentiate between fiscal and monetary policy, including their goals and the entities responsible for each.
Verified Answer
AS
Akshay SharmaMay 10, 2024
Final Answer :
D
Explanation :
Fiscal and monetary policy are conducted by different people (government and central bank) to attain the same goals of promoting economic growth, full employment, and stable prices.
Learning Objectives
- Differentiate between fiscal and monetary policy, including their goals and the entities responsible for each.