Contractionary fiscal policy is used to __________.

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asked Apr 20, 2021 25.0k views

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Electron · Answer 1 · 2021-04-22T07:13:55+0000

Answer:

the use of fiscal policy to contract the economy by decreasing aggregate demand, which will lead to lower output, higher unemployment, and a lower price level. Contractionary fiscal policy is used to fix booms.

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Contractionary fiscal policy is used to __________.

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