Answered: A policy shift from a neutral budget to…

A policy shift from a neutral budget to one of decreased government spending and increased taxes would be considered Select one: a. Balanced b. Political c. Expansionary d. Contractionary

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter11: Fiscal Policy

Section: Chapter Questions

Problem 1.7P

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Question

A policy shift from a neutral budget to one of decreased government spending and increased taxes would be considered
Select one:
Oa. Balanced
b. Political
C. Expansionary
d. Contractionary

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