1705326
contestada

What impact does an expansionary fiscal policy action, such as a tax cut, generally have on consumer and business spending?

A. spending increases for both businesses and consumers
B. spending increases for businesses and decreases for consumers
C. spending decreases for businesses and increases for consumers
D. spending decreases for both businesses and consumers

Respuesta :

Parrain

The impact of an expansionary fiscal policy on consumers and businesses is A. spending increases for both businesses and consumers.

What is an expansionary fiscal policy?

This is a policy by the government where they either increase spending, or decrease taxes. They can decide to do both at the same time.

As a result of this, there will be more money available to both businesses and consumers which would lead to them spending more to boost the economy.

Find out more on expansionary fiscal policy at https://brainly.com/question/546292?source=archive.

ACCESS MORE
ACCESS MORE
ACCESS MORE
ACCESS MORE

Otras preguntas