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Priscilla Nicole Mendoza
on Nov 16, 2024

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Both monetary policy and fiscal policy affect aggregate demand.

Monetary Policy

Government or central bank policies aimed at controlling the supply of money and interest rates in an economy.

Fiscal Policy

A government's strategy for managing its budget, especially through taxation and spending decisions, to influence the economy.

Aggregate Demand

The entire market demand for goods and services within an economic environment, determined at an established price level over a fixed duration.

  • Attain knowledge of the workings of monetary and fiscal policies and their impact on the aggregate demand.
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Chickey NuggiesNov 21, 2024
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