Which of the following represents the most contractionary fiscal policy?
A) A $30 billion tax cut.
B) A $30 billion increase in government spending.
C) A $30 billion tax increase.
D) A $30 billion decrease in government spending.
Correct Answer:
Verified
Q22: An appropriate fiscal policy for severe demand-pull
Q29: A contractionary fiscal policy is shown as
Q30: Which of the following statements is correct?
A)Built-in
Q32: A major advantage of the built-in or
Q33: Answer the question on the basis
Q35: An expansionary fiscal policy is shown as
Q35: Suppose the price level is fixed,the MPC
Q36: Suppose the price level is fixed,the MPC
Q39: A tax reduction of a specific amount
Q55: Which of the following best describes the
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