11 Expansionary fiscal policy usually involves some combination of ____ taxes and/or _____ government spending on goods and services.
A) lower, lower
B) lower, higher
C) higher, higher
D) higher, lower
E) higher, unchanged

Question

Quizplus · Accepted Answer

Expansionary fiscal policy is aimed at stimulating economic growth, which typically involves lowering taxes to increase disposable income for consumers and businesses, and increasing government spending to inject more money into the economy.

11 Expansionary Fiscal Policy Usually Involves Some Combination of ____