Question
When an economy experiences an expansionary gap, the government is likely to implement __________________ fiscal policy. a. deflationary b. expansionary c. inflationary d. contractionary
When an economy experiences an expansionary gap, the government is likely to implement __________________ fiscal policy.
a.
deflationary
b.
expansionary
c.
inflationary
d.
contractionary
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Business Statistics For Contemporary Decision Making
Authors: Ken Black
9th edition
978-1-119-3208, 9781119334781, 1119334780, 1119320895, 978-1119320890
