The intent of contractionary fiscal policy is to

Business

1 answer:

mojhsa [17]2 years ago

8 0

The intent of contractionary fiscal policy is to reduce the money supply in an economy.

<h3>What is a contractionary fiscal policy?</h3>

A contractionary fiscal policy is when the government takes steps to reduce the money supply in an economy.

A contractionary fiscal policy can be enacted either by reducing government spending or increasing the taxes on goods and services.

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