Economy, asked by mkpilla67, 2 months ago

is contractionary fiscal policy and deflationary fiscal policy both same

Answers

Answered by champion966

Answer:

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Explanation:

Key Takeaways. Contractionary fiscal policy is when elected officials either cut spending or increase taxes. It is disliked by voters who want to keep government benefits. The unpopularity of contractionary policy increases the budget deficit and national debt.

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