Krugman's Economics For The Ap® Course
3rd Edition
ISBN: 9781319113278
Author: David Anderson, Margaret Ray
Publisher: Worth Publishers
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Question
Chapter 30, Problem 2MCQ
To determine
The correct option regarding the impact of expansionary fiscal policy.
Expert Solution & Answer
Explanation of Solution
The goal of an expansionary fiscal policy is to increase
To put it another way, expansionary fiscal policy is when the government uses budgetary mechanisms to raise spending or reduce taxes, both of which give people and companies more money to spend.
Thus, from the above we can conclude that the correct option is D.
Chapter 30 Solutions
Krugman's Economics For The Ap® Course
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