* 9. What is the difference between monetary policy and fiscal policy? A-The tool used by the central bank to regulate the money supply in the economy is known as monetary policy B-The tool used by the government in which it uses its tax revenues and expenditure policies to affect the economy is known as fiscal policy C-Monetary poliey is administered by the government of the country whereas fiscal policy is administered by the central bank of the country A and B A only B only A and C
* 9. What is the difference between monetary policy and fiscal policy? A-The tool used by the central bank to regulate the money supply in the economy is known as monetary policy B-The tool used by the government in which it uses its tax revenues and expenditure policies to affect the economy is known as fiscal policy C-Monetary poliey is administered by the government of the country whereas fiscal policy is administered by the central bank of the country A and B A only B only A and C
Principles of Economics (MindTap Course List)
8th Edition
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter36: Six Debates Over Macroeconomic Policy
Section: Chapter Questions
Problem 3PA
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Question
![9. What is the difference between monetary policy and fiscal policy? *
is known as
A-The tool used by the central bank to regulate the money supply in the
monetary policy
B-The tool used by the government in which it uses its tax revenues and expenditure policies to
affect the economy is known as fiscal policy
C-Monetary poliey is administered by the government of the country whereas fiscal policy is
administered by the eentral bank of the country
economy
O A and B
A only
B only
A and C
TOSHIBA](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fdb3f5602-a649-4a4c-81b7-6e9162dd0dfd%2F688cc2a8-a678-47db-9521-58c0c1a53e0d%2Fn5oxdm_processed.jpeg&w=3840&q=75)
Transcribed Image Text:9. What is the difference between monetary policy and fiscal policy? *
is known as
A-The tool used by the central bank to regulate the money supply in the
monetary policy
B-The tool used by the government in which it uses its tax revenues and expenditure policies to
affect the economy is known as fiscal policy
C-Monetary poliey is administered by the government of the country whereas fiscal policy is
administered by the eentral bank of the country
economy
O A and B
A only
B only
A and C
TOSHIBA
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