ECONOMICS (CBSE/UGC NET)

ECONOMICS

FISCAL POLICY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Policies meant to slow down the economy.
A
Expansionary policies
B
Fiscal policies
C
Contractionary policies
D
Monetary policies
Explanation: 

Detailed explanation-1: -A contractionary monetary policy is a type of monetary policy that is intended to reduce the rate of monetary expansion to fight inflation. A rise in inflation is considered the primary indicator of an overheated economy, which can be the result of extended periods of economic growth.

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