fiscal policy vs monetary policy definition
This is achieved through the implementation. of fiscal policy and monetary policy. 1. Fiscal policy is the process of raising and lowering taxes and government spending. programs(taxing and spending) and is worked out between the president and. Congress. By raising and lowering taxes and spending levels, the government can.
What is 'Monetary Policy'. Monetary policy consists of the actions of a central bank, currency board or other regulatory committee that determine the size and rate of growth of the money supply, which in turn affects interest rates.