Monetary policy is implemented to ease the up and down swings of business cycles, while fiscal policy is implemented to create swings when the cycle is stalled in an economic boom.

False

Explanation:

Monetary policy relates to activities carried out by Fed to control credit and regulate flow of money supply.

Fiscal policies are targeted at government expenditure by raising or lowering of taxes.

Under monetary policy, the Fed controls the demand and supply of money by regulating interest rates.

Under it's Fiscal policies, the Fed raises or lowers taxes imposed.

Both measures are targeted at attainment of economic stability.