Expansionary Fiscal Policy Involves

question 70

Multiple Choice

Expansionary fiscal policy involves

• A)a decrease in government spending and/or an increase in taxes.
• B)only an increase in taxes.
• C)an increase in government spending and/or a decrease in taxes.
• D)only a decrease in government spending.

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Definitions:

Ethical Imperatives

Moral obligations or principles that guide individuals' actions in accordance with what is considered right or just.

Critical Thinkers

Individuals who actively and skillfully conceptualize, apply, analyze, synthesize, and evaluate information to reach a conclusion.

Reasonable People

Individuals who exercise average care, skill, and judgment in conduct and who are presumed to have a certain level of knowledge when making decisions.

Ethical Dimension

Pertains to the moral aspects or implications of a situation, decision, or action.