Contractionary Fiscal Policy Is So Named Because It

question 154

Multiple Choice

Contractionary fiscal policy is so named because it

• A)involves a contraction of the nation's money supply.
• B)necessarily reduces the size of government.
• C)is aimed at reducing aggregate demand and thus achieving price stability.
• D)is expressly designed to expand real GDP.

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Definitions:

Closing Techniques

Strategies or tactics applied by sales professionals to persuade a customer to make a purchase.

Buyer

An individual or organization that purchases goods or services for personal use, resale, or production.

Purchase

The act of acquiring goods or services in exchange for money, signaling a transfer of ownership.

Assumptive

Pertaining to something that is taken for granted or accepted as true without proof.