Economics 9708 · AS & A Level · Fiscal policy

Fiscal policy — practice question

Bulgaria’s Consumer Price Index recorded an annual change of –2.2% in April 2016. In May, the annual change was –1.4%. Which fiscal policy and monetary policy would be most suitable in the short run to bring back price stability?

  • Adecrease government spending; decrease interest rates
  • Bdecrease taxes; increase rate of interest
  • Cincrease government spending; decrease interest rates
  • Dincrease taxes; increase rate of interest

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