asked 210k views
4 votes
Was Donald Trump's Tax Cuts and Jobs Act of 2017 monetary or fiscal?

asked
User Aspirant
by
8.5k points

1 Answer

9 votes

Answer:

The answer is Fiscal!

Step-by-step explanation:

Fiscal policy refers to the government's decisions about taxation and spending where Monetary policy refers to central bank activities that are directed toward influencing the quantity of money and credit in an economy.

Hopefully this helps!

Let me know if you still need help/clarification, or if I'm wrong!

answered
User Kirk Ouimet
by
7.7k points
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