Contractionary fiscal policy would consist

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Reference no: EM131388150

-Which would shift the short run aggregate supply curve to the? left?

A. an unemployment level greater than the natural rate of unemployment

B. a lower price level

C. an expectation of inflation

-Contractionary fiscal policy would consist of

A. increasing the money supply in order to decrease interest rates.

B. increasing government spending? and/or decreasing taxes.

C. decreasing government spending? and/or increasing taxes.

D. decreasing the money supply in order to increase interest rates.

Reference no: EM131388150

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