Select the answer below that best corrects the following statement "An expansionary fiscal policy involves an increase i

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Select The Answer Below That Best Corrects The Following Statement An Expansionary Fiscal Policy Involves An Increase I 1 (35.85 KiB) Viewed 13 times

Select the answer below that best corrects the following statement "An expansionary fiscal policy involves an increase in govemment purchases or an increase in taxes. OA. An expansionary fiscal policy involves the decrease of government purchases and/or an increase in taxes in order to increase aggregate demand OB. A contractionary fiscal policy involves the decrease of goverment purchases and/or a decrease in taxes in order to decrease aggregate demand OC. An expansionary fiscal policy involves the increase of government purchases and/or a decrease in taxes in order to increase aggregate demand. OD. A contractionary fiscal policy involves the increase of government purchases and/or an increase in taxes in order to decrease aggregate demand Select the answer below that best corrects the following statement: "A contractionary fiscal policy involves a decrease in government purchases or a decrease in taxes OA A contractionary fiscal policy involves the decrease of government purchases and/or an increase in taxes in order to decrease aggregate demand OB. An expansionary fiscal policy involves the decrease of govemment purchases and/or a decrease in taxes in order to increase aggregate demand OC. An expansionary fiscal policy involves the increase of government purchases and/or an increase in taves in order to decrease aggregate demand OD. A contractionary fiscal policy involves the increase of government purchases andior a decrease in taxes in order to decrease aggregate demand