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  • 27-12-2021
  • Business
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an example of contractionary fiscal policy would be:

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890246138
890246138 890246138
  • 27-12-2021

Answer:

increasing taxes and lowering government spending.

Explanation:

When the government lowers taxes, consumers have more disposable income.

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parsikalamichhane2
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  • 27-12-2021
the most recent large-scale use of contractionary fiscal policy came during President Bill Clinton's time in office (1993–2001), when he increased taxes on high-income taxpayers and decreased government spending on both defense and welfare
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