All of the following,except one,would result from expansionary fiscal policy.Which is the exception?
A)Increased GDP.
B)Increased price level.
C)Decreased unemployment.
D)Decreased budget deficit.

Question

Quizplus · Accepted Answer

Expansionary fiscal policy involves increasing government spending and lowering taxes to boost economic activity. This leads to increased GDP, decreased unemployment, and potentially an increased price level due to increased demand. However, it typically results in an increased budget deficit rather than a decreased one. Therefore, the exception is D) Decreased budget deficit.

All of the Following,except One,would Result from Expansionary Fiscal Policy