Economics Question: What is the difference between monetary policy and fiscal policy, and how do they work together to stabilize an economy? A$)$ Monetary policy involves government taxation and spending, while fiscal policy focuses on controlling interest rates; they have no interaction. B$)$ Monetary policy is controlled by the central bank and involves interest rate adjustments, while fiscal policy is determined by the government and involves taxation and spending decisions; they can work together to manage economic stability. C$)$ Monetary policy and fiscal policy are interchangeable terms for the same concept. D$)$ Monetary policy and fiscal policy are entirely independent and have no impact on each other.

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