How is monetary policy different from fiscal policy?
A) Monetary policy adjusts interest rates, whereas fiscal policy adjusts government spending and taxes.
B) Monetary policy focuses on correcting inflation, whereas fiscal policy focuses on unemployment.
C) Monetary policy is determined by the president, whereas fiscal policy is determined by the chair of the Federal Reserve.
D) There is no difference between the two policies.
Correct Answer:
Verified
Q1: Who runs the Federal Reserve of the
Q3: Monetary policy is defined as the:
A)change of
Q4: Which of the following does the Federal
Q5: What is the Federal Reserve's mandate?
A)to print
Q6: When was the Federal Reserve created?
A)after the
Q7: The Federal Reserve was created to:
A)increase employment
Q8: The Federal Reserve was created after:
A)a series
Q9: The Federal Reserve System is made up
Q10: The Board of Governors of the Federal
Q11: Commercial banks:
A)are equivalent to Federal Reserve district
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