If the government cuts funding for public schools, it is enacting:
A) expansionary fiscal policy.
B) contractionary fiscal policy.
C) expansionary monetary policy.
D) contractionary monetary policy.
Correct Answer:
Verified
Q10: The government can enact expansionary fiscal policy
Q11: Fiscal policy most directly affects the economy
Q12: Consumption depends on:
A) total income.
B) disposable income.
C)
Q13: If the government increases the income tax
Q14: Sam earns $45,000 per year working at
Q16: If the government introduces a new bill
Q17: Which component of GDP will be affected
Q18: If the government were to increase spending,
Q19: Government decisions about the level of taxation
Q20: If the government wished to shift aggregate
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