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The economy moves between recessions (high unemployment), and inflationary times. According to the Keynesian economic view, during a briskly productive economy with rising inflation, contractionary

The economy moves between recessions (high unemployment), and inflationary times. According to the Keynesian economic view, during a briskly productive economy with rising inflation, contractionary fiscal policy should be used. This type of policy includes ________. Responses decreased government spending and tax increases decreased government spending and tax increases increasing government spending and tax cuts increasing government spending and tax cuts increasing the federal funds rate

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