Answer to Question #249787 in Macroeconomics for Question 1

Question

An expansionary fiscal policy might include __________ government spending and/or __________ taxes, while a contractionary fiscal policy might include __________ government spending and/or __________ taxes.

increasing; decreasing; decreasing; increasing

decreasing; decreasing; increasing; increasing

decreasing; increasing; increasing; decreasing

increasing; increasing; decreasing; decreasing

Answer 1

increasing; decreasing; decreasing; increasing