Question: I'm studying for my test here and I need to know what is the difference between contractionary and expansionary fiscal policy? Regarding the business cycle,

I'm studying for my test here and I need to know what is the difference between contractionary and expansionary fiscal policy? Regarding the business cycle, when would you use each type of fiscal policy? Will you explain your answer with sufficient detail so the I understand fully? I need clear evidence of the difference between the policies, the types of activities/actions each policy might entail, and the economic impact of each.

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