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kaheart [24]
3 years ago
13

When does the government assume a contractionary fiscal policy position?

Business
1 answer:
Step2247 [10]3 years ago
4 0
The government assume a contractionary fiscal policy when the economy is strong. When the economy is strong, prices increases as a result of fierce competition for resources. In this situation, the government will assume a contractionary fiscal policy by reducing its spending and by increasing tax. This position will normally create a surplus for the government: a surplus is the amount of taxes left over after government spending.
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Explanation:

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3 years ago
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Answer:

Explanation:

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4 years ago
MacCloud Industries has two divisions-Standard and Premium. Each division has hundreds of different types of tennis racquets and
Helen [10]

Answer and Explanation:

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3 0
3 years ago
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natali 33 [55]

Answer:

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5 0
3 years ago
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Alex777 [14]
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