The type of policy that governs taxing and spending powers is

Question

Quizplus · Accepted Answer

Fiscal policy governs the government's taxing and spending powers. It is used to influence the country's economy by adjusting tax rates and government spending. Monetary policy, on the other hand, pertains to the management of the money supply and interest rates by a central bank to influence economic growth and stability. Open-market operations and dollar policy are specific tools used within monetary policy.

The Type of Policy That Governs Taxing and Spending Powers