Multiple Choice
Economist C says all of the following: Expansionary fiscal policy is needed to raise aggregate demand and remove the economy from a recessionary gap.The choice of fiscal policy measures is between ________________ government spending and a _______________ in taxes.Since I am in favor of bigger government,I choose a(n) _________________ in _________________.
A) less; decrease; increase; government spending
B) more; decrease; increase; government spending
C) less; rise; decrease; government spending
D) less; reduction; increase; taxes
E) b or d
Correct Answer:
Verified
Correct Answer:
Verified
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