contestada

A country is in the midst of a recession. If the government successfully pursues expansionary fiscal policy then in the long run we would expect the price level to ______. If the government does not pursue expansionary fiscal policy then in the long run we would expect the price level to ______.
Answers can be increase, decrease or same

Respuesta :

MissPhiladelphia
The words that best fills the given blanks in the statement would be "decrease" and "decrease" respectively. Implementing fiscal policies has been one of the precautionary measures done by a government to resolve the issues in inflation. In addition, these policies would tend to decrease the price levels in an economy.

Otras preguntas