Which of the following fiscal policy action would cause the economy to contract?

1 answer:

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Decreasing the money supply will cause the economy to contract. A fiscal policy is a vehicle that the government uses to adjust its income and expenditure levels. A government generates income by imposing taxes on its citizens. The levels of spending influence the nation's economy. Government spending affects most economic sectors in a country. <span>If there is lots of money to spend, the country's economy will expand, and vice versa. Prudent government spending is critical to a country's economy</span>

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departmentalization refers to the process of dividing and grouping activities. The division of labor creates specialists who need to be coordinated. This alignment is facilitated by grouping experts into departments.

His five types of departmentalization are described and listed below. a) functional divisional organization b) product divisional organization c) customer divisional organization d) geographic and process. e) Matrix sectorization

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