In what ways might monetary policy be superior to fiscal policy? in what ways might it be inferior?

Social Studies

1 answer:

Shtirlitz [24]1 year ago

6 0

Monetary policy is more agile than fiscal policy because it does not have to be approved by Congress.

monetary policy is a set of tools used by a country's central bank to control the overall money supply and promote economic growth, employing strategies such as adjusting interest rates and changing bank reserve requirements.

Monetary policy is the action and communication of central banks that control the money supply. Central banks use monetary policy to prevent inflation, reduce unemployment, and promote moderate long-term interest rates.

Learn more about Monetary policy here: brainly.com/question/13926715

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