Select all statements that apply to contractionary fiscal policy.

A. Will tend to increase AD.
B. Will tend to decrease AD.
C. Will cause an increase in real GDP.
D. Will cause a decrease in the price level.
E. Will cause unemployment to decline.

Question

17-06-2024
Business

Answered

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Select all statements that apply to contractionary fiscal policy.

A. Will tend to increase AD.
B. Will tend to decrease AD.
C. Will cause an increase in real GDP.
D. Will cause a decrease in the price level.
E. Will cause unemployment to decline.

Sagot :

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