Economist B says all of the following: Expansionary fiscal policy is needed to raise aggregate demand and remove the economy from a recessionary gap.The choice of fiscal policy measures is between more government spending and a ___________ in taxes.Since I am in favor of smaller government,I choose a __________________ in __________________.

Question

Quizplus · Accepted Answer

Economist B prefers smaller government, so they would favor a decrease in taxes rather than an increase in government spending to raise aggregate demand.

Economist B Says All of the Following: Expansionary Fiscal Policy