Asked by The global economy apply
Which of the following is expansionary fiscal policy, such as a decrease in taxes or increase in government spending, likely to cause? (1 point)
• Increase in consumer savings rate
• Increase in consumer and business spending
• Decrease in consumer and business spending
• Decrease in government spending
• Increase in consumer savings rate
• Increase in consumer and business spending
• Decrease in consumer and business spending
• Decrease in government spending
Answers
Answered by
GPT 3.5
An increase in consumer and business spending.