Business

Question

Arrange the steps to show the effects of contractionary fiscal policy.
-inflationary pressure decreases
-government increases tax rate
-producers manufacture fewer goods
-consumers have less money to spend
(Arrange in order)

2 Answer

  • The correct arrangement for the stepsĀ to show the effects of contractionary fiscal policy would be as follows:

    -government increases tax rate
    -inflationary pressure decreases
    -consumers have less money to spend
    -producers manufacture fewer goods

    Hope this answers the question. Have a nice day.
  • This is the correct answer:

    Government increases the tax rate.

    Consumers have less money to spend.

    Producers manufacture fewer goods.

    Inflationary pressure decreases.

    Have a nice day! :) Can you mark me as the brainliest?

NEWS TODAY