Ask Question
19 April, 21:11

What is the goal of contractionary fiscal policy? A. increase employment B. reduce inflation C. increase government spending D. reduce tax levels

+5
Answers (1)
  1. 19 April, 21:16
    0
    Deliberate changes in taxes (tax rates) and government spending by Congress to promote full - employment, price stability, and economic growth. The goal of expansionary fiscal policy is to reduce unemployment. Therefore the tools would be an increase in government spending and/or a decrease in taxes.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What is the goal of contractionary fiscal policy? A. increase employment B. reduce inflation C. increase government spending D. reduce tax ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers