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The main distinction between monetary and fiscal policies is that fiscal policy

ID: 1108753 • Letter: T

Question

The main distinction between monetary and fiscal policies is that fiscal policy involves: A) paying directly for programs B) the work of congress and the president C) determining the workload of the FED D) communication of interest rates

The main distinction between monetary and fiscal policies is that fiscal policy involves: A) paying directly for programs B) the work of congress and the president C) determining the workload of the FED D) communication of interest rates

A) paying directly for programs B) the work of congress and the president C) determining the workload of the FED D) communication of interest rates

Explanation / Answer

A) paying directly for programs

fiscal policy is a policy that involves all those policies which includes expenditure of goverment expense either expansion or contraction and taxes related policies.

on the other hand monetary policy relates to all those policy which are related to money market fed interest rate and so on.