An example of contractionary (taking money away from the general population) fiscal policy would be:

A) cutting taxes.

B) decreasing government spending.

C) increasing production of consumer goods.

D) expanding the government's role in regulating private industry.

Question

Mathematics

Joaquin Acevedo

28 March, 03:50

An example of contractionary (taking money away from the general population) fiscal policy would be:

A) cutting taxes.

B) decreasing government spending.

C) increasing production of consumer goods.

D) expanding the government's role in regulating private industry.

+2

Answers (1)

Know the Answer?

Jonathan Hanna · Answer 1

I think the correct answer from the choices listed above is option B. An example of contractionary (taking money away from the general population) fiscal policy would be decreasing government spending. It is a form of fiscal policy that involves increasing taxes, decreasing government expenditures or both.

An example of contractionary (taking money away from the general population) fiscal policy would be:A) cutting taxes.B) decreasing government spending.C) increasing production of consumer goods.D) expanding the government's role in regulating private industry.

An example of contractionary (taking money away from the general population) fiscal policy would be:

A) cutting taxes.

B) decreasing government spending.

C) increasing production of consumer goods.

D) expanding the government's role in regulating private industry.