Fill in the BlanksType your answers in all of the blanks and submit- current answer: Contractionary fiscal policy would - blank1 -(increase/decrease) real GDP and - blank2 -(increase/decrease) inflation.Contractionary fiscal policy would blank1 - Word AnswerWrite your response here...(increase/decrease) real GDP and blank2 - Word AnswerWrite your response here...(increase/decrease) inflation.

Contractionary monetary policy:Question 33Select one:a.deals with reduced government spending and/or increased taxes.b.results in increased domestic farm prices, export prices, and input prices.c.deals with increasing government spending and/or decreasing tax rates.d.deals with increasing money supply in the economy and/or decreasing interest rates.e.deals with decreasing money supply in the economy and/or increasing interest rates.

Fill in the BlanksType your answers in all of the blanks and submit- current answer: Fiscal policy is when changes are made to- blank1 - and - blank2 - to accomplish macroeconomic goals.Fiscal policy is when changes are made toblank1 - Word AnswerWrite your response here... and blank2 - Word AnswerWrite your response here... to accomplish macroeconomic goals.

Which of the following would come from contractionary monetary policy?Multiple choice question.An decrease in the money supplyAn decrease in the interest ratesAn decrease in government spendingAn decrease in taxes

Contractionary fiscal policy will cause gross domestic product to _____ and the interest rate to _____.decrease; increasedecrease; decreaseincrease; increaseincrease; decrease

Expansionary fiscal policy is used in order to Blank______ the economy.Multiple choice question.increase interest rates instimulatereduce GDP inreduce inflation inincrease unemployment in