Expansionary fiscal policy actions include __________ government spending and/or __________ taxes,while contractionary fiscal policy actions include __________ government spending and/or __________ taxes.
A) increasing; increasing; decreasing; decreasing
B) decreasing; decreasing; increasing; increasing
C) increasing; decreasing; increasing; decreasing
D) decreasing; increasing; increasing; decreasing
E) increasing; decreasing; decreasing; increasing

Question

Quizplus · Accepted Answer

Expansionary fiscal policy involves increasing government spending and/or decreasing taxes to stimulate the economy, while contractionary fiscal policy involves decreasing government spending and/or increasing taxes to cool down an overheated economy.

Expansionary Fiscal Policy Actions Include __________ Government Spending And/or __________

Expansionary Fiscal Policy Actions Include Government Spending And/or