What is a contractionary fiscal policy A Contractionary fiscal policy includes decreasing governmentspending and taxes to decrease aggregate demand B Contractionary fiscal policy includes decreasing governmentspending and increasing taxes to decrease aggregate demand C Contractionary fiscal policy includes increasing governmentspending and taxes to decrease aggregate demand D Contractionary fiscal policy includes increasing governmentspending and decreasing taxes to decrease aggregate demand

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Nov 22, 2022

What is a contractionary fiscal? policy? A. Contractionary fiscal policy includes decreasing governmentspending and taxes to decrease aggregate demand. B. Contractionary fiscal policy includes decreasing

What is a contractionary fiscal? policy?

Contractionary fiscal policy includes decreasing governmentspending and taxes to decrease aggregate demand.

Contractionary fiscal policy includes decreasing governmentspending and increasing taxes to decrease aggregate demand.

Contractionary fiscal policy includes increasing governmentspending and taxes to decrease aggregate demand.

Contractionary fiscal policy includes increasing governmentspending and decreasing taxes to decrease aggregate demand.

Step by Step Solution

★★★★★

3.48 Rating (158 Votes )

There are 3 Steps involved in it

Step: 1

The correct answer is B Contractionary fiscal policy includes decreasing governme... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Economics

Authors: R. Glenn Hubbard

6th edition

978-0134797731, 134797736, 978-0134106243

More Books

Students also viewed these Economics questions

Question

★★★★★

The essential structure of a certain type of aircraft turn indicator is shown. Each spring has a constant of 40 lb/ft, and the 7-oz uniform disk of 2-in. radius spins at the rate of 10 000 rpm. The...

Answered: 1 week ago

Question

★★★★★

Using the plurality with elimination method, which restaurant is chosen? The members of the Student Council at Ohio State University are planning to go out to dinner following an upcoming meeting....

Answered: 1 week ago

Question

★★★★★

What is an expansionary fiscal policy? What is a contractionary fiscal policy?

Answered: 1 week ago

Question

★★★★★

(CMA, adapted) Roletter Company makes and sells artistic frames for pictures of weddings, graduations, and other special events. Bob Anderson, the controller, is responsible for preparing Roletters...

Answered: 1 week ago

Question

★★★★★

The managing partner of a CPA firm is approached by the CEO of a major client in the firms headquarters office in New York City. The CEO cant use two tickets to the Super Bowl between the Denver...

Answered: 1 week ago

Question

★★★★★

Define cost smoothing and describe the consequences it can have on costs.

Answered: 1 week ago

Question

★★★★★

Let A, B, and C be three events in a sample space . In each case below, find an event X such that the union operator on the right hand side is applied between events which are disjoint (for example,...

Answered: 1 week ago

Question

★★★★★

A ductile hot-rolled steel bar has a minimum yield strength in tension and compression of 50 kpsi. Using the distortion-energy and maximum-shear-stress theories determine the factors of safety for...

Answered: 1 week ago

Question

★★★★★

help me pleeease and write answer in paper pleeease Q7. PL/SQL: Answer the following Questions 110 points) Based on the following tables: CUSTOMERS Curre DontSheek TC Izo HP ka 800 312 3100 511011...

Answered: 1 week ago

Question

★★★★★

In Figure P3-53, calculate the temperatures at points 1, 2, 3, and 4 using the numerical method. Figure P3-53 700 C 100 C 400 C 3 500 C

Answered: 1 week ago

Question

★★★★★

The position of an object as a function of time is given as x = At Bt2 + Ct + D. The constants are A = 2.21 m/s, B = 1.31 m/s, C= -4.85 m/s, and D = 3.25 m. Problem 02.037.c - Position of an object...

Answered: 1 week ago

Question

★★★★★

Question 1: (5 Marks) A particle moves along a straight line with a velocity given by (t) = 51 - 4t+2. where v(t) is in meters per second and f is in seconds (a) Determine the acceleration of the...

Answered: 1 week ago

Question

★★★★★

1 : WHY PTERIDOPHYTES ARE CALLED VASCULAR CRYPTOGAMS ? 2 : WHAT ARE THE MIST IMPORTANT ADVANTAGE OF PTERIDOPHYTES ?

Answered: 1 week ago

Question

★★★★★

Globex Corporation creates, sells, and maintains of digital solutions for customers. It has 16,000 employees spread over 32 geographical locations. The organization has 12,000 company owned devices...

Answered: 1 week ago

Question

★★★★★

A concrete block making company is developing an aggregate capacity plan from the following sales forecast for its 6" and 8" concrete blocks. Product Sales Forecasts (Concrete Blocks) 6" Block 1st...

Answered: 1 week ago

Question

★★★★★

1. Define "Push" and "Pull" production systems. Which is better in current production and service environment and why ? 2. What is "Kanban"? What are some of its benefits ? 3. As shown in the video,...

Answered: 1 week ago

Question

★★★★★

3. If you buy a stock at $32 and sell it 4 years later at $45, what is your annual HPY? (5) 4. Bonus: If the stock in Problem #3 paid an annual dividend of $1, what would be the rate of return

Answered: 1 week ago

Question

★★★★★

The company manufactures three products: wooden chairs, tables and dressers. AFC started off as a 'Mom & Pop' shop but has grown rapidly. AFC uses one assembly line to build all three products,...

Answered: 1 week ago

Question

★★★★★

You have six hours to study for two exams tomorrow. The following table shows the relationship between hours of study and test scores: a. Use the rule for determining optimal purchases to decide how...

Answered: 1 week ago

Question

★★★★★

Baseball writer Rany Jazayerli assessed then Kansas City Royals outfielder Jose Guillen as follows: "Guillen has negative value the way his contract stands." How could a baseball player's contract...

Answered: 1 week ago

Question

★★★★★

At one time, Eastman Kodak was the world's largest producer of photographic film, employing nearly 145,000 workers worldwide, including thousands at its headquarters in Rochester, New York. The firm...

Answered: 1 week ago

Question

★★★★★

A $30,000 loan at 6.7% compounded annually requires monthly payments of $450. a. Calculate the interest component of Payment 29. b. Calculate the principal component of Payment 65. c. Calculate the...

Answered: 1 week ago

Question

★★★★★

Cloverdale Nurseries obtained a $60,000 loan at 7.5% compounded monthly to build an additional greenhouse. Monthly payments were calculated to amortize the loan over six years. Construct a partial...

Answered: 1 week ago

Question

★★★★★

Will a loans balance midway through its amortization period be (pick one): (i) More than (ii) Less than or (iii) Equal to half of the original principal? Explain.

Answered: 1 week ago

Previous Question Next Question