Multiple Choice
Which of the following is an example of a contractionary fiscal policy?
A) the Fed buying government securities in the open market
B) the federal government decreasing the marginal tax rate on incomes below $200,000
C) the federal government decreasing the amount of money spent on public health programs
D) the federal government reducing pollution standards to allow firms to produce more output
Correct Answer:
Verified
Correct Answer:
Verified
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