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What's the difference between fiscal and monetary policy?
The difference between fiscal and monetary policy: Monetary policy involves changing the interest rate and influencing the money supply, while Fiscal policy involves the government changing tax rates and levels of government spending to influence aggregate demand in the economy.
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Question|Asked by Jett
Asked 3/25/2016 5:33:15 PM
Updated 9/4/2019 12:58:58 AM
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Edited by jeifunk [3/25/2016 6:06:41 PM]
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The difference between fiscal and monetary policy: Monetary policy involves changing the interest rate and influencing the money supply, while Fiscal policy involves the government changing tax rates and levels of government spending to influence aggregate demand in the economy.
Added 9/4/2019 12:58:58 AM
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