Fiscal policy refers to the government's use of taxation and spending to influence the economy. This policy can be used to stimulate economic growth or to slow down inflation. Monetary policy, on the other hand, is the process by which a central bank manages the supply and demand for money and credit in an economy. This policy can be used to control inflation, stabilize exchange rates, and promote economic growth. Both fiscal and monetary policies are important tools that governments use to manage their economies and to respond to economic challenges like recession, inflation, or financial crises. Coordinated efforts between countries in implementing these policies can lead to better economic outcomes globally

Discuss about fiscal policy and monetary policy among countries英文不超过100词

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