An expansionary fiscal policy increases a government budget deficit or reduces a government budget surplus.
a. true
b. false
Ans: a. true
Economics
You might also like to view...
Efficient production can be carried out anywhere on or below the production possibilities frontier.
Answer the following statement true (T) or false (F)
Economics
If the price level last year was 220 and this year is 250, what is the inflation rate between the two years?
A) 30 percent B) 13.6 percent C) 12.2 percent D) 20 percent
Economics
Economies of scale is a short-run phenomenon
Indicate whether the statement is true or false
Economics
When the total surplus lost as a result of a tax is less than the amount of tax revenue collected by the government there is a deadweight loss
a. True b. False Indicate whether the statement is true or false
Economics