Contractionary Fiscal Policy May Have Some Undesirable Consequences

question 109

Multiple Choice

Contractionary fiscal policy may have some undesirable consequences.Among these is

• A)higher unemployment.
• B)higher inflation.
• C)higher net exports.
• D)larger federal deficits.

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Definitions:

Alzheimer's Disease

A chronic neurodegenerative disease that usually starts slowly and progressively worsens, being the most common cause of dementia.

Elderly

Pertaining to individuals of an advanced age, typically considered to be those who are 65 years old and above.

Major

A primary area of study in higher education upon which a student focuses during their undergraduate degree program.

Mild Neurocognitive Disorder

A condition involving modest cognitive decline from a previous level of performance, but not severe enough to interfere with daily activities.