_____ policy changes are made through the legislative process, while _____ policy changes are made by the Fed

Question

_____ policy changes are made through the legislative process, while _____ policy changes are made by the Federal Open Market Committee.

A. fiscal; international

B. fiscal; monetary

C. international; fiscal

D. monetary; fiscal

E. monetary; international

Answer 1

B. FISCAL; MONETARY

Answer 2

B. fiscal; monetary

Fiscal policy is gov budget-plan which is accepted at the end of each year to the next, while monetary policy is managed by central bank.