The Expected Effects of Fiscal Contraction Are

question 55

Multiple Choice

The expected effects of fiscal contraction are

• A)higher real interest rates.
• B)exchange rate depreciation.
• C)increased trade deficit.
• D)All of the above are correct.

---

Definitions:

Assumptive

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

Trial

A process of testing or experimenting with a product, service, or idea to evaluate its effectiveness or market potential before full-scale launch.

Urgency

A priority or immediate need that requires swift action or attention.

Prospect's Objection

A potential customer's expressed concerns or hesitations about a product or service during the sales process.