Monetary Policy
Quick practice
Question 1 of 5
Which of the following statements are correct?
1. An increase in government spending and/or a decrease in taxes is a contractionary Fiscal Policy.
2. a decrease in government spending and/or tax increases is an expansionary Fiscal Policy.
Options:
A
Both 1 and 2
B
Only 1
C
Only 2
D
Neither 1 nor 2
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