Multiple Choice
Fiscal austerity is _____ fiscal policy, such as _____ in government spending and tax _____ designed to _____ unemployment and _____.
A) expansionary; increases; cuts; reduce; increase output
B) expansionary; increases; cuts; increase; decrease output
C) contractionary; decreases; increases; ignore; reduce budget deficits
D) contractionary; decreases; increases; ignore; increase budget deficits
Correct Answer:

Verified
Correct Answer:
Verified
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