Fiscal policies are different from monetary policies because:
a. Fiscal policies affect only aggregate supply and monetary policies affect only aggregate demand.
b. Fiscal policies affect only aggregate demand and monetary policies affect only aggregate supply.
c. Fiscal policies are enacted by central banks and monetary policies are enacted by Congress or Parliament.
d. Fiscal policies are mainly concerned with changing government spending and taxation, and monetary policies are mainly concerned with changing the money supply.
.D
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An agreement signed between Canada and the United States allowing free exchange of goods between them has aided the process of _____
a. privatization b. specialization c. globalization d. decentralization
Answer the following statement(s) true (T) or false (F)
1. China’s acid rain problem is relatively minor because it is among the lowest consumers of coal in the world. 2. Stationary source emissions are controlled primarily through the use of technology-based standards. 3. Emissions limits applicable to new and modified stationary sources are known as New Source Performance Standards (NSPS). 4. Emissions limits used for nonattainment areas are more stringent than those used for PSD areas. 5. Technology-based standards used to control new sources are more lenient than those used to control existing stationary sources.