An attempt to reduce inflation requires _________ fiscal policy, which causes real GDP to _ and the price level to ______.

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An attempt to reduce inflation requires _____________ fiscal policy, which causes real GDP to _________ and the price level to __________.

asked Jun 6, 2020 228k views

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Brad Cannell · Answer 1 · 2020-06-10T12:43:16+0000

Answer:

Step-by-step explanation:

TO CONTRACT in order to pay more taxes and spend less money to avoid a price hike. DECREASE, if people spend less money the GDP is affected because of the purchases and the price level obviously prives FALL.

An attempt to reduce inflation requires _________ fiscal policy, which causes real GDP to _ and the price level to ______.

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An attempt to reduce inflation requires​ _____________ fiscal​ policy, which causes real GDP to​ _________ and the price level to​ __________.

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An attempt to reduce inflation requires _________ fiscal policy, which causes real GDP to _ and the price level to ______.