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Economics (AS & A Level) · May / June 2022 · Paper 12 · Question 29

9708Fiscal policy

What is an example of contractionary fiscal policy?

  1. Aan increase in the budget deficit
  2. Ban increase in the budget surplus
  3. Can increase in the interest rate
  4. Dan increase in the money supply

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Correct answer: B. an increase in the budget surplus

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