If congress and the president decide an expansionary fiscal policy is necessary, what changes should they make in government sp
ending or taxes? a. in this case, congress and the president should enact policies that increase government spending and decrease taxes.
b. in this case, congress and the president should enact policies that increase government spending and increase taxes.
c. in this case, congress and the president should enact policies that decrease government spending and decrease taxes.
d. in this case, congress and the president should enact policies that decrease government spending and increase taxes. what changes should they make if they decide a contractionary fiscal policy is necessary?
a. in this case, congress and the president should enact policies that increase government spending and increase taxes.
b. in this case, congress and the president should enact policies that increase government spending and decrease taxes.
c. in this case, congress and the president should enact policies that decrease government spending and decrease taxes.
d. in this case, congress and the president should enact policies that decrease government spending and increase taxes.
If congress and the president decide an expansionary fiscal policy is necessary, what changes should they make in government spending or taxes? In this case, congress and the president should enact policies that increase government spending and decrease taxes.
An expansionary policy is a macroeconomic policy that encourages economic growth by expanding the money supply.
What changes should they make if they decide a contractionary fiscal policy is necessary? I<span>n this case, congress and the president should enact policies that decrease government spending and increase taxes.
A contractionary fiscal policy is made up of the governments budget including spending, taxes, transfer payments or social security. </span>
When supply goes down, the equilibrium price goes up. This is because if there is a smaller supply the good becomes more valuable to people who want the good.
Explanation: In the given case, Halpert hardware imports from asian countries,that is, they are on the buying side of the transaction. Therefore, if the value of dollar rises in relation to the currencies of countries from which halpert buys than they will be able to purchase more quantity with the same amount of dollars.
