Which of the following is expansionary fiscal policy, such as a decrease in taxes or increase in government spending, likely to cause?(1 point)

Question

Responses

Increase in consumer savings rate
Increase in consumer savings rate

Decrease in consumer and business spending
Decrease in consumer and business spending

Increase in consumer and business spending
Increase in consumer and business spending

Decrease in government spending

Answer 1

Increase in consumer and business spending