Someone criticizes the government for increasing interest rates but approving the increase in government spending. They are crit

Question

Arada [10]

3 years ago

15

Someone criticizes the government for increasing interest rates but approving the increase in government spending. They are crit

icizing the government’s ____policy and praising the government ___ policy.

Business

1 answer:

yarga [219] · Answer 1 · 2022-11-11T11:08:26+03:00

When a pressure group criticizes a government for increasing interest rate but praise them for increase in government spending, then, they are criticizing the government’s fiscal policy and praising the government monetary policy.

<h3>What is a fiscal and monetary policy?</h3>

Basically, a fiscal policy means the method of using a spending and tax policies to influence economic conditions while monetary policy means the general control of the quantity of money available in an economy

In conclusion, whan a pressure group criticizes a government for increasing interest rate but praise them for increase in government spending, then, they are criticizing the government’s <u>fiscal policy</u> and praising the government <u>monetary policy</u>.