Which of the following is true with respect to contractionary fiscal policy?
A) the currency tends to depreciate
B) the demand for loanable funds tends to increase
C) the current account tends to become more negative
D) the current account does not change
E) interest rates tend to fall

Question

Quizplus · Accepted Answer

The Answer of Which of the following is true with respect to contractionary fiscal policy?
A) the currency tends to depreciate
B) the demand for loanable funds tends to increase
C) the current account tends to become more negative
D) the current account does not change
E) interest rates tend to fall

Which of the Following Is True with Respect to Contractionary