We Use the Term Expansionary Fiscal Policy When the Overall

question 22

Multiple Choice

We use the term expansionary fiscal policy when the overall effect of decisions about taxation and spending is to:

• A) increase aggregate demand.
• B) decrease aggregate demand.
• C) increase aggregate supply.
• D) decrease aggregate supply.

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Definitions:

Max Weber

A German sociologist, philosopher, and political economist whose ideas profoundly influenced social theory and social research.

Pierre Bourdieu

A French sociologist who developed key concepts such as cultural capital, habitus, and field to explain social stratification and power dynamics.

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