If the government wants to reduce GDP by $500 million, the most appropriate action is: a) expansionary fiscal policy, which includes an increase in government spending by $500 million. b) contractionary fiscal policy, which includes a reduction in government spending by $500 million. c) contractionary fiscal policy, which includes a reduction in government spending by less than $500 million. d) contractionary fiscal policy, which includes a reduction in government spending by more than $500 million. e) expansionary fiscal policy, which includes an increase in government spending by more than $500 million. f) expansionary fiscal policy, which includes an increase in government spending by less than $500 million.

Question

10-03-2020
Business

contestada

If the government wants to reduce GDP by $500 million, the most appropriate action is: a) expansionary fiscal policy, which includes an increase in government spending by $500 million. b) contractionary fiscal policy, which includes a reduction in government spending by $500 million. c) contractionary fiscal policy, which includes a reduction in government spending by less than $500 million. d) contractionary fiscal policy, which includes a reduction in government spending by more than $500 million. e) expansionary fiscal policy, which includes an increase in government spending by more than $500 million. f) expansionary fiscal policy, which includes an increase in government spending by less than $500 million.

Respuesta :

Otras preguntas

in x1, adam and jason formed abc, llc, a car dealership in kansas city. in x2, adam and jason realized they needed an advertising expert to assist in their busi

Napoleon’s difficulties in Spain can be attributed to his favorable treatment of the Catholic Church, which turned nobles against him. his favorable treatment o

an organization pursuing a differentiation strategy will pay some employees much more than others and compensation is used to encourage risk taking.State True o

hans decides to test an idea that the atom is made of a soft positive substance with hard specks of negative substance (the electrons) embedded in it. he sets u

Points A, B, and C are collinear. What is the slope of AB in simplest form?

your journal which type of life insurance is the better option, term or whole life? explain your answer.

Lengths of pregnancies of women are normally distributed with a mean of 266 days and a standard deviation of 16 days. What percentage to the nearest hundredth o

orleans co., a cash-basis taxpayer, prepares accrual-basis financial statements. since year 1, orleans has applied fasb asc 740 - income taxes. in its year 3 ba

Based on the previous two answers, what can you say about the density of object A? (Note: The density of a solid is measured in g/cm3, which are equivalent to g

Which best summarizes the intent of Franklin Roosevelt's Hundred Days legislation and programs quizlet?

letmeanswer letmeanswer · Answer 1 · 2020-03-18T11:30:37+01:00

If the government wants to reduce GDP by $500 million, the most appropriate action is contractionary fiscal policy, which includes a reduction in government spending by less than $500 million.

Explanation:

Contractionary fiscal policy is a type of monetary policy that requires tax rises, government spending cuts, or both to counter inflationary pressures. Thanks to higher taxes, households have fewer funds to spend on disposal. Higher waste income reduces consumption.

Examples include raising taxation and rising public spending. The government is known as contractionary monetary policy, by using economic policies to increase the amount of resources allocated to the public.