What is one benefit of contractionary fiscal policy for consumers?(1 point)ResponsesContractionary fiscal policy decreases tax rates.Contractionary fiscal policy decreases tax rates.Contractionary fiscal policy reduces take-home pay.Contractionary fiscal policy reduces take-home pay.Contractionary fiscal policy slows the rate of inflation.Contractionary fiscal policy slows the rate of inflation.Contractionary fiscal policy increases government spending on public works.Contractionary fiscal policy increases government spending on public works.

Answer 1

The benefit of contractionary fiscal policy for consumers is that it slows the rate of inflation.