3 Questions
Which of the following best describes fiscal policy?
The management of government spending and taxation to influence the overall economy
Which of the following best describes monetary policy?
The management of interest rates and money supply by the central bank
What is the main difference between fiscal and monetary policy?
Fiscal policy involves government spending and taxation, while monetary policy involves interest rates and money supply
Test your knowledge on fiscal and monetary policy with this quiz! Learn about the definitions and differences between these two key economic concepts.
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