The Difference Between Fiscal Policy and Monetary Policy Is That

question 141

Multiple Choice

The difference between fiscal policy and monetary policy is that

• A)fiscal policy is macroeconomic policy and monetary policy is microeconomic policy
• B)monetary policy is macroeconomic policy and fiscal policy is microeconomic policy
• C)fiscal policy involves regulation of natural monopolies and monetary policy involves the provision of public goods
• D)monetary policy involves regulation of the money supply and fiscal policy involves government spending and taxing
• E)fiscal policy involves the promotion of competition and monetary policy involves collecting money to pay for taxes

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Definitions:

Credit Bureaus

Organizations that collect and maintain individual credit information, supplying it to creditors to help them decide whether to lend money.

Credit Applicant

An individual or entity that applies for a loan or credit from a financial institution or lender.

Accounts Receivable

Financial obligations customers have towards a business for utilized or received goods and services that remain unpaid.

Creditworthy Customers

Clients deemed capable of paying back credit extended to them due to their solid financial standing.