The Difference Between Fiscal Policy and Monetary Policy Is That

question 94

Multiple Choice

The difference between fiscal policy and monetary policy is that:

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

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Definitions:

Health Care System

An organized plan of health services to meet the health needs of individuals and populations, including the provision of medical care.

Health Care Spending

The total amount of funding or resources allocated by individuals, private entities, or governments toward medical services and health-related activities.

Rich Countries

Nations with high levels of income per capita, advanced technological infrastructure, and a diverse industrial base.

Functionalism

A theoretical framework in sociology that emphasizes the interdependence of the parts of a society and their role in maintaining social order.