Answered

Westonci.ca is the ultimate Q&A platform, offering detailed and reliable answers from a knowledgeable community. Get quick and reliable solutions to your questions from knowledgeable professionals on our comprehensive Q&A platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

Identify each scenario as an example of expansionary fiscal policy, contractionary fiscal policy, or not an example of fiscal policy. a. An increase in the money supply is fiscal policy. b. A decrease in taxes is fiscal policy.

Sagot :

Parrain

Based on the tenets of fiscal policy, the following are true:

  • An increase in money supply is not an example of fiscal policy.
  • A decrease in taxes is expansionary fiscal policy.

What is fiscal policy?

Fiscal policy refers to things that the government does in order to influence the economy through spending and taxation.

When there is a decrease in taxes for instance, this is expansionary fiscal policy as the government is trying to increase the amount that people have to spend.

Find out more on fiscal policy at https://brainly.com/question/6583917.

Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.