Multiple Choice
Which of the following is considered contractionary fiscal policy?
A) Parliament increases the income tax rate.
B) Parliament increases the Canada Health Transfer.
C) Legislation removes a college tuition deduction from federal income taxes.
D) The Ontario legislature cuts highway spending to balance its budget.
E) The Saskatchewan government increases spending to clean up abandoned oil wells.
Correct Answer:
Verified
Related Questions
Q43: Figure 12.1 Q44: Parliament carries out fiscal policy through changes![]()