was the new deal a fiscal or monetary policy? why? (2 points)\n○ fiscal policy, because the government…

was the new deal a fiscal or monetary policy? why? (2 points)\n○ fiscal policy, because the government increased spending on programs and jobs.\n○ monetary policy, because the federal reserve lowered interest rates.\n○ fiscal policy, because the government stopped using taxes completely\n○ monetary policy, because banks started printing more money

was the new deal a fiscal or monetary policy? why? (2 points)\n○ fiscal policy, because the government increased spending on programs and jobs.\n○ monetary policy, because the federal reserve lowered interest rates.\n○ fiscal policy, because the government stopped using taxes completely\n○ monetary policy, because banks started printing more money

Answer

Brief Explanations:

Fiscal policy involves government spending and taxation. The New Deal saw the government increase spending on programs and jobs to combat the Great - Depression. Monetary policy is controlled by the central bank (like the Federal Reserve) and involves actions such as changing interest rates and the money supply. The New Deal was government - led spending, not central - bank actions related to money supply or interest rates.

Answer:

Fiscal policy, because the government increased spending on programs and jobs.