If the government were to increase taxes, it would be enacting:
A) contractionary fiscal policy.
B) expansionary fiscal policy.
C) contractionary monetary policy
D) expansionary budgetary policy.
Correct Answer:
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Q29: If the government increases the income tax
Q30: If the government decreases the income tax
Q31: If the government enacts contractionary fiscal policy,
Q32: If the government were to reduce its
Q33: When fiscal policy makers wish to reduce
Q35: If the government undertakes expansionary fiscal policy,
Q36: The effect of an initial spending change
Q37: Increased government spending is an example of:
A)
Q38: We use the term expansionary fiscal policy
Q39: If the government undertakes expansionary fiscal policy,
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