Explain Who sets monetary policy and who creates fiscal policy?

Explain Who sets monetary policy and who creates fiscal policy?

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Federal Reserve / parliament
The Budget- document that announces how much the gov will collect in taxes and spend in revenues and how it will be allocated
Budget resolution- congressional decision that states the max amount of money the gov. should spend and recommends budget ceilings to guide spending
Budget surplus- government takes in more money than it spends
Entitlements- claim for gov. funds that can't be changed without violating the right of claimant Globalization- the growing integration of the economic and societies of the world

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Kavungya answered the question on May 2, 2019 at 12:00

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