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English, 02.10.2019 19:30 madrae02

Which of these describes a contractionary fiscal policy position?
a. the govt. maintains spending and taxes at their current rate.
b. the govt. spends less money than it earns by cutting it's spending or by raising taxes.
c. the govt. spends more money than it earns from tax revenue.

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Which of these describes a contractionary fiscal policy position?
a. the govt. maintains spen...
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