C1
fiscal vs monetary
The difference
| Word | Meaning | Goes with | Example |
|---|---|---|---|
| fiscaladjective/ˈfɪs.kəl/ | Meaning connected with government money, especially taxes and public spending | Goes with fiscal policy | Example In Vietnam the fiscal year matches the calendar year, but in Japan it starts in April. |
| monetaryadjective/ˈmɑː.nə.ter.i/ | Meaning relating to money, especially the money supply of a country | Goes with monetary policy | Example The central bank controls monetary policy and interest rates. |
Which word fits?
1 of 8Pick the word for the gap. Its form may change in the sentence.
Investors want discipline before they lend more money.