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17-12-2021
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Describe which fiscal policies of the U.S. Congress would be considered expansionary actions and which would be contractionary actions

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890246138 890246138

27-12-2021

Answer:

Congress acts to cut tax rates or increase government spending, shifting the aggregate demand curve to the right.

Explanation:

Contractionary fiscal policy occurs when Congress raises tax rates or cuts government spending, shifting aggregate demand to the left.

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