Economics-- please help! Your country takes in $350 million each year in tax money but chooses to spend $150 million on various services it provides. What type of stance does yo…

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asked Jan 6, 2022 227k views

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Jimmeh · Answer 1 · 2022-01-11T10:26:38+0000

Contractionary fiscal policy. This occurs when government is spending less than the total tax revenue it receives. The policy is a result of raising taxes and/or reducing spending.

Economics-- please help! Your country takes in $350 million each year in tax money but chooses to spend $150 million on various services it provides. What type of stance does yo…

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