An example of contractionary (taking money away from the general population) fiscal policy would be:

A) cutting taxes.

B) decreasing government spending.

C) increasing production of consumer goods.

D) expanding the government's role in regulating private industry.

Question

Rodolfo

Mathematics

23 August, 11:34

An example of contractionary (taking money away from the general population) fiscal policy would be:

A) cutting taxes.

B) decreasing government spending.

C) increasing production of consumer goods.

D) expanding the government's role in regulating private industry.

+4

Answers (1)

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Alonso Rose · Answer 1

I think the correct answer from the choices listed above is option B. An example of contractionary (taking money away from the general population) fiscal policy would be decreasing government spending. It is a form of fiscal policy that involves increasing taxes, decreasing government expenditures or both.

An example of contractionary (taking money away from the general population) fiscal policy would be:A) cutting taxes.B) decreasing government spending.C) increasing production of consumer goods.D) expanding the government's role in regulating private industry.

An example of contractionary (taking money away from the general population) fiscal policy would be:

A) cutting taxes.

B) decreasing government spending.

C) increasing production of consumer goods.

D) expanding the government's role in regulating private industry.