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A policy mix of a(n) ________ fiscal policy and a(n) ________ monetary policy would cause output to
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A policy mix of a(n) ________ fiscal policy and a(n) ________ monetary policy would cause output to
A policy mix of a(n) ________ fiscal policy and a(n) ________ monetary policy would cause output to increase, decrease or remain unchanged and interest rates to increase.
A) contractionary; contractionary
B) expansionary; contractionary
C) contractionary; expansionary
D) expansionary; expansionary
Textbook
Principles of Macroeconomics
Edition:
11
th
Authors:
Case, Fair, Oster
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I was thinking the same, thank you
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