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Phoenix
2 months ago
15

Which situation most directly illustrates a possible outcome of a fiscal policy?

Mathematics
1 answer:
Zina [12.3K]2 months ago
5 0

Answer: B. The federal funding available for education declines.
Step-by-step explanation:
Government fiscal policy pertains to spending and taxation strategies aimed at influencing economic direction. Generally, it can be categorized into Expansionary or Contractionary policies. An Expansionary policy involves increasing government spending or lowering taxes to provide consumers with more disposable income. Conversely, a Contractionary policy implies decreasing spending or raising taxes. Thus, a decline in federal funds for education could result from a Contractionary fiscal approach.
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