Expansionary fiscal policy is to increased government spending as expansionary monetary policy is to what?

Expansionary fiscal policy involves the government increasing its spending to boost the economy, especially during times of recession. Similarly, expansionary monetary policy is about the central bank increasing the money supply or lowering interest rates to encourage borrowing and spending. This means that when the central bank lowers interest rates, it becomes cheaper for people and businesses to take out loans and invest in projects. For example, if a central bank lowers interest rates, a small business might borrow money to buy new equipment, which can help them grow and hire more workers. Both policies aim to stimulate economic activity and help the economy recover.