Expansionary fiscal policy will ________GDP and ________ inflation.a.raise,lowerb.lower,lowerc.lower,raised.raise,raise

The fiscal policy (FP) is a tool in hand of government to regulate and control the economic…

Answered: fiscal policy

Business

Economics

fiscal policy

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter11: Fiscal Policy

Section: Chapter Questions

Problem 2.10P

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Question

Expansionary fiscal policy will ________GDP and ________ inflation.

a.	raise,lower
b.	lower,lower
c.	lower,raise
d.	raise,raise

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