Can you discuss the differences between monetary policy and fiscal policy and discuss how the Executive and Legislative branch affect fiscal policy?
Governments try to manage their nations' economies through their control of fiscal and monetary policy. Fiscal policy relates to government taxation and spending, while monetary policy affects a nation's money supply and interest rates. Fiscal and monetary policies both have short- and long-term effects of which governments should be mindful. ChaCha!
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About Executive Fiscal Policy
Executive Fiscal Policy is the use of government funds as directed by the chief executive officer such as the President of the United States.
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