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What is the key institutional difference between monetary and fiscal policy?

A
  • Monetary policy: independent Bank of England.
  • Fiscal policy: government through the Treasury and HMRC.
B
  • Monetary policy: independent Bank of England.
  • Fiscal policy: commercial banks and firms.
C
  • Monetary policy: government through the Treasury and HMRC.
  • Fiscal policy: independent Bank of England.
D
  • Monetary policy: government through the Treasury and HMRC.
  • Fiscal policy: Parliament and commercial banks.

Card 1 of 21

2.6.2 Demand-side policies Flashcards

  1. A Level
  2. /Economics
  3. /2.6.2 Demand-side policies

21 flashcards on Edexcel A A Level Economics 2.6.2 Demand-side policies: the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3.

Flashcards