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28 November, 16:32

Under which type of policy does the government reduce its expenditures and increase tax rates?

A. contractionary monetary policy

B. contractionary fiscal policy

C. expansionary fiscal policy

D. expansionary monetary policy

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Answers (2)
  1. 28 November, 18:29
    0
    Contractionary Fiscal Policy is the answer for the policy that the government reduces expenditures and increases tax rates.
  2. 28 November, 19:05
    0
    B) Contractionary Fiscal Policy
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