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morpeh [17]
3 years ago
5

If the economy is in an inflationary period, what action would fiscal policy most likely take?

History
1 answer:
Licemer1 [7]3 years ago
6 0

Answer:

The most likely fiscal policy measure will be to decrease the government expenditure in an effort to hinder the money supply and to reduce the income levels received  by the individuals and businesses.

However, this actions must be supported by the monetary policy as well.

Explanation:

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