First, precisely and accurately define fiscal and monetary policy

First, precisely and accurately define fiscal and monetary policy. Second explain in detail the mechanics of how each attempts to correct a recessionary, and inflationary gap. AND THIRD, critically analyze through comparison and contrast the strengths and weaknesses of each policy in addressing five macroeconomics issues of your choice(such as recession inflation, crowding out, net export effect, timing problems). Where possible show how the 2 policies together could provide a more effective solution.