Contractionary Fiscal Policy _____

Contractionary fiscal policy _____

A) is the deliberate manipulation of government purchases, transfer payments, and taxes to promote macroeconomic goals.
B) is a revenue and spending program in the federal budget that automatically adjusts with the ups and downs of the economy.
C) is an emergency manipulation of government purchases, transfer payments, and taxes to promote macroeconomic goals.
D) is used to close an expansionary gap.
E) is a monetary policy change.