Which of the following is carried out in a contractionary fiscal policy? a. Higher taxes and lower government expenditure b. None of these c. Lower taxes and lower government expenditure d. Higher taxes and higher government expenditure3

Which of the following is carried out in a contractionary fiscal policy? a. Higher taxes and lower government expenditure b. None of these c. Lower taxes and lower government expenditure d. Higher taxes and higher government expenditure3

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter18: Debates In Macroeconomics Over The Role And Effects Of Government

Section: Chapter Questions

Problem 1WNG

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Question

39.

Which of the following is carried out in a contractionary fiscal policy?

a.
Higher taxes and lower government expenditure

b.
None of these

c.
Lower taxes and lower government expenditure

d.
Higher taxes and higher government expenditure3

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