Which of the following would be considered an expansionary supply-side policy? a)an increase in government expenditure on healthcare b)an increase in government spending that would lead to increased aggregate demand c)an increase in government expenditure on a new UK high speed rail network d)an increase in the minimum wage to stimulate consumer spending
Which of the following would be considered an expansionary supply-side policy? a)an increase in government expenditure on healthcare b)an increase in government spending that would lead to increased aggregate demand c)an increase in government expenditure on a new UK high speed rail network d)an increase in the minimum wage to stimulate consumer spending
Chapter15: Fiscal Policy
Section: Chapter Questions
Problem 13SQ
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Which of the following would be considered an expansionary supply-side policy?
a)an increase in government expenditure on healthcare
b)an increase in government spending that would lead to increased aggregate
c)an increase in government expenditure on a new UK high speed rail network
d)an increase in the minimum wage to stimulate consumer spending
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