An example of a fiscal policy designed to decrease real GDP is
A. a cut in taxes.
B. an increase in taxes.
C. an increase in government expenditure.
D. None of the above answers is correct.
Answer:B
An example of a fiscal policy designed to decrease real GDP is
A. a cut in taxes. B. an increase in taxes. C. an increase in government expenditure. D. None of the above answers is correct.