Raising taxes and cutting spending are examples of ________.
A)fiscal policy tightening
B)fiscal policy expansion
C)monetary policy tightening
D)monetary policy expansion
E)none of the above

Question

Quizplus · Accepted Answer

Raising taxes and cutting spending are both actions that will reduce government spending or increase government revenue, leading to a tighter fiscal policy.

Raising Taxes and Cutting Spending Are Examples of ________