What is the difference between fiscal and monetary policy?

Anonymous
timer Asked: Dec 17th, 2018
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Cant list any resources must be written in your own words must be 2 paragraphs each. Explain the difference between fiscal and monetary policy. Who makes each of these policies? Explain. Also, explain any 2 (two) steps that can be taken to increase the supply of money in circulation by using monetary policy. question 2: Explain the struggles of both of these groups, Chinese and African-Americans, in Nevada in the nineteenth and twentieth centuries. Give examples to illusrate your explanations.

Tutor Answer

DrAtticus
School: University of Maryland

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Monetary policies are usually implemented by central bank and they are the fundamental
medium of exchange. On the other hand, the national government institutes fiscal policy decisions.
Fiscal policies are basically about taxation and spending of the government. The budget is prepared
for a single fiscal year (Hart, 2016a).
On the other hand, monetary policies are regulated by the central banks and for that reason,
the...

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