Expansionary monetary policy and contractionary fiscal policy has a combined effect which is ________. a. a decrease in interest rate and decrease in tax rates b. an increase in interest rate and increase in tax rates c. an increase government spending and decrease in money supply d. an increase in tax rates and decrease in interest rates

Exploring Economics
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ISBN:9781544336329
Author:Robert L. Sexton
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Chapter24: Fiscal Policy
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Expansionary monetary policy and contractionary fiscal policy has a combined effect which is ________.
a. a decrease in interest rate and decrease in tax rates
b. an increase in interest rate and increase in tax rates
c. an increase government spending and decrease in money supply
d. an increase in tax rates and decrease in interest rates

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