Get premium membership and access questions with answers, video lessons as well as revision papers.

Differentiate between fiscal policy and monetary policy

Differentiate between fiscal policy and monetary policy.

Answers

Fiscal policy is the deliberate move by the government to control the economy through government spending and taxation whereas monetary policy is the deliberate move by the government through the central bank to control money spending and taxation.

---

Hildah Wafula answered the question on March 8, 2019 at 11:14

Next: What is the debate between Classical Theorists and Keynes on Demand for Money?
Previous: List some of the positive impacts of globalization

View More Introduction to Macroeconomics Questions and Answers | Return to Questions Index

Related Questions

• List some of the reasons against international trade(Solved)
  

  List some of the reasons against international trade.

  Date posted: March 8, 2019.  Answers (1)

• Define the term international trade and list six advantages of international trade(Solved)
  

  Define the term international trade and list six advantages of international trade.

  Date posted: March 8, 2019.  Answers (1)

• Clearly differentiate between cost push inflation and demand pull inflation(Solved)
  

  Clearly differentiate between cost push inflation and demand pull inflation.

  Date posted: March 8, 2019.  Answers (1)

• Explain causes, effects, and policy measures to curb or to solve unemployment(Solved)
  

  Explain causes, effects, and policy measures to curb or to solve unemployment

  Date posted: February 28, 2019.  Answers (1)