How do the instances when expansionary fiscal policy should be used compare with those for contractionary fiscal policy?(1 point)

Question

Responses

a Expansionary fiscal policy should be used to increase the unemployment rate and contractionary fiscal policy should be used when economic growth is too fast.

b Expansionary fiscal policy should be used to increase government revenue and contractionary fiscal policy should be used to increase consumer spending.

c Expansionary fiscal policy should be used to combat high inflation and contractionary fiscal policy should be used to increase government revenue.

d Expansionary fiscal policy should be used during recessions to help build the economy and contractionary fiscal policy should be used when there is high inflation.

Answer 1

d Expansionary fiscal policy should be used during recessions to help build the economy and contractionary fiscal policy should be used when there is high inflation.