ECONOMICS
FISCAL POLICY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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expansionary fiscal policy
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contractionary fiscal policy
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expansionary monetary policy
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contractionary monetary policy
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Detailed explanation-1: -The two major examples of expansionary fiscal policy are tax cuts and increased government spending.
Detailed explanation-2: -The New Deal included new constraints and safeguards on the banking industry and efforts to re-inflate the economy after prices had fallen sharply. New Deal programs included both laws passed by Congress as well as presidential executive orders during the first term of the presidency of Franklin D. Roosevelt.
Detailed explanation-3: -U.S. fiscal policy and COVID-19 The United States government has adopted an expansionary policy, with aggressive legislative actions designed to boost the economy and keep it from dropping into a deeper recession or a depression.
Detailed explanation-4: -Decreasing the discount rate. Purchasing government securities. Reducing the reserve requirement.