Multiple Choice
The World View article in the text titled "China Sets Big Stimulus Plan in Bid to Jump-Start Growth" states that China's plan includes spending in housing,infrastructure,and agriculture,as well as a tax deduction for capital spending by companies.This is an example of
A) Fiscal stimulus.
B) Aggregate demand shortfall.
C) Fiscal restraint.
D) Expansionary classical policy.
Correct Answer:
Verified
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