The stock of money in the economy is not part of fiscal policy. Instead, it is associated with monetary policy, which is managed by a central bank and involves controlling the money supply and interest rates. Fiscal policy, on the other hand, focuses on government spending, taxation, and budgeting.
Which one of the following is not part of fiscal policy?
the budget
the level of taxation
the composition of government expenditure
the stock of money in the economy
1 answer