It occurs when Congress raises tax rates or cuts government spending, shifting aggregate demand to the left.

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It occurs when Congress raises tax rates or cuts government spending,
shifting aggregate demand to the left.
a. Monetary Policy b. Fiscal Policy c. Expansionary Fiscal Policy
d. Contractionary Fiscal Policy

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Exploring Economics

ISBN: 9781439040249

5th Edition

Authors: Robert L Sexton

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Posted Date: Mar 10, 2024 11:43 AM

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It occurs when Congress raises tax rates or cuts government spending, shifting aggregate demand to the left.

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The correct answer is d Contractionary Fiscal Policy Explanation Contractionary fiscal pol... View the full answer

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