Contractionary Policies Are Policies Designed to

question 67

Multiple Choice

Contractionary policies are policies designed to

• A) increase the level of real GDP.
• B) reduce the level of real GDP.
• C) increase government spending.
• D) increase the federal deficit.

---

Definitions:

Cooperation

The action or process of working together to the same end, often referring to individuals or groups collectively achieving a goal.

Work Performance

The assessment of how effectively an individual accomplishes their job duties and tasks.

Corrective Action

Measures taken to identify, eliminate, and prevent the recurrence of a problem within a process or system.

Management Function

The roles and activities that managers perform to plan, organize, lead, and control to achieve organizational objectives.