http://www.economicshelp.org/blog/1850/economics/difference-between-monetary-and-fiscal-policy/
What is the difference between monetary and fiscal policy?
- Monetary policy involves changing the interest rate and influencing the money supply.
- Fiscal policy involves the government changing tax rates and levels of government spending to influence aggregate demand in the economy.
They are both used to pursue policies of higher economic growth or controlling inflation.
