The Distinction Between Fiscal Policy and Monetary Policy Is That

question 11

Multiple Choice

The distinction between fiscal policy and monetary policy is that

• A) fiscal policy involves either bond-financed changes or open market operations in government finance while monetary policy involves only open market operations.
• B) fiscal policy involves only government spending and tax policies. Deficits are handled by the Treasury, and monetary policy requires congressional approval.
• C) fiscal policy can be conducted without the Fed's approval but monetary policy requires congressional approval.
• D) fiscal policy involves only bond-financed changes in government finance while monetary policy involves some form of open market operations.
• E) none of the above descriptions is accurate.

---

Definitions:

Job

A set of tasks or duties performed by an individual in exchange for payment or other compensation; a position of employment.

Occupation

A person's regular occupation, profession, or trade, often indicating specialized knowledge and training.

Ethnicity

A shared cultural, linguistic, or ancestry identity among a group of people, distinguishing them from others.

Biological Groupings

The classification of living organisms into categories based on shared physical, genetic, or evolutionary traits.