Expansionary fiscal policy is used to
A) combat inflation.
B) combat recessions.
C) encourage private saving.
D) make businesses more efficient.
Answer: B) combat recessions.
Economics
You might also like to view...
If the government increases unemployment benefits, then the equilibrium amount of employment ________ and potential GDP ________
A) increases; increases B) does not change; does not change C) increases; decreases D) decreases; decreases E) decreases; increases
Economics
Increases in spending on education will lead to an increase in student performance.
A. True B. False C. Uncertain
Economics