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A policy shift from a neutral budget to one of decreased government spending and increased taxes would be considered Select one: a. Balanced b. Political c. Expansionary d. Contractionary

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter24: Fiscal Policy

Section: Chapter Questions

Problem 1P

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A policy shift from a neutral budget to one of decreased government spending and increased taxes would be considered
Select one:
Oa. Balanced
b. Political
C. Expansionary
d. Contractionary

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