Which of the Following Is Considered Contractionary Fiscal Policy

question 279

Multiple Choice

Which of the following is considered contractionary fiscal policy?

• A)Congress increases the income tax rate.
• B)Congress increases defense spending.
• C)Legislation removes a college tuition deduction from federal income taxes.
• D)The New Jersey legislature cuts highway spending to balance its budget.

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Definitions:

Organogenesis

The phase of embryonic development concerned with the formation and differentiation of organs.

Endothelial Tubes

Structures formed by endothelial cells lining the interior surface of blood vessels and lymphatics, crucial for vascular function.

Secondary Palate

It refers to the part of the mouth's roof that separates the nasal and oral cavities in vertebrates, crucial for proper speech and swallowing.

Mesonephros

A transient kidney in vertebrates, functioning in the embryo before the permanent kidneys develop.