Which of the Following Describes the Australian Policy Mix in Response

question 61

Multiple Choice

Which of the following describes the Australian policy mix in response to the global crisis in 2008- 09?

• A) Fiscal expansion and tax contraction.
• B) Fiscal expansion and monetary contraction.
• C) Fiscal expansion and monetary expansion.
• D) Fiscal contraction and monetary expansion.
• E) Fiscal contraction and monetary contraction.