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Monetary policy is approved by a central bank with the intention to keep the economy on an even keel. <\/p>
The goal is to protect the value of the currency, keep unemployment low, and maintain economic growth at a steady pace. <\/p>
This is achieved by influencing interest rates so that it raises or lowers borrowing, spending, and savings rates.<\/p>\n
The national government enacts fiscal policy. For the purpose of stimulating economic recovery, a fiscal policy involves spending taxpayer dollars. To increase spending and enhance growth it sends money, directly or indirectly.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t