Tag: contractionary fiscal policy
Quizzes Related to contractionary fiscal policy
Contractionary Fiscal Policy: Impact on Economic Variables
This quiz aims to assess your understanding of the impact of contractionary fiscal policy on various economic variables. Contractionary fiscal policy refers to government measures that reduce aggregate demand in an economy. It typically involves decreasing government spending, raising taxes, or both. Contractionary fiscal policy is often used to combat inflation or to reduce budget deficits.
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