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Business, 15.04.2021 19:40 drippyc334

Identify each of the following​ as: ​(i) part of an expansionary fiscal​ policy, ​(ii) part of a contractionary fiscal​ policy, or ​(iii) not part of fiscal policy. a. The corporate income tax rate is increased. This is ▼ part of an expansionary fiscal policy part of a contractionary fiscal policy not part of fiscal policy . b. Defense spending is increased. This is ▼ part of an expansionary fiscal policy part of a contractionary fiscal policy not part of fiscal policy . c. The Federal Reserve lowers the target for the federal funds rate. This is ▼ part of an expansionary fiscal policy part of a contractionary fiscal policy not part of fiscal policy . d. Families are allowed to deduct all their expenses for daycare from their federal income taxes. This is ▼ part of an expansionary fiscal policy part of a contractionary fiscal policy not part of fiscal policy . e. The individual income tax rate is decreased. This is ▼ part of an expansionary fiscal policy part of a contractionary fiscal policy not part of fiscal policy .

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