The use of monetary policy and fiscal policy are the federal government's two primary instruments of accomplishing macroeconomic goals and achieving economic stability.

Question

Quizplus · Accepted Answer

This statement is true. Monetary policy refers to actions taken by central banks to manage interest rates, money supply, and inflation. Fiscal policy refers to actions taken by the government to adjust spending and taxation levels in order to influence the economy. Both policies are used to help achieve macroeconomic goals and stabilize the economy.

The Use of Monetary Policy and Fiscal Policy Are the Federal