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How do the instances when expansionary fiscal policy should be used compare with those for contractionary fiscal policy? (1 point)
Expansionary fiscal policy should be used to increase government revenue and contractionary fiscal policy should be
used to increase consumer spending.
Expansionary fiscal policy should be used to combat high inflation and contractionary fiscal policy should be used to
increase government revenue.
Expansionary fiscal policy should be used during recessions to help build the economy and contractionary fiscal
policy should be used when there is high inflation.
Expansionary fiscal policy should be used to decrease the unemployment rate and contractionary fiscal policy should
be used when economic growth is too fast.

Respuesta :

The right option is that Expansionary fiscal policy should be used during recessions to help build the economy and contractionary fiscal policy should be used when there is high inflation.

How is expansionary fiscal policy compare to contractionary fiscal policy?

Contractionary fiscal policy is known to be a policy that applies when the government taxes are said to be more than what they spends.

The Expansionary fiscal policy is known to be when the spending of the government is said to be more than the government taxes.

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