What is the main distinction between fiscal and monetary policy?(1 point)

Question

Responses

Fiscal policy is when the government adjusts its spending, and monetary policy involves printing new money.
Fiscal policy is when the government adjusts its spending, and monetary policy involves printing new money.

Fiscal policy has to do with international money, and monetary policy has to do with domestic money.
Fiscal policy has to do with international money, and monetary policy has to do with domestic money.

Fiscal policy involves printing new money, and monetary policy is when the government adjust its spending.
Fiscal policy involves printing new money, and monetary policy is when the government adjust its spending.

Fiscal policy is focused on taxes, and monetary policy is focused on corporations' profits.

Answer 1

Fiscal policy is focused on taxes, and monetary policy is focused on interest rates and money supply.