1) Suppose that the government spending multiplier is 1.7, and that the tax multiplier is -1.2. An equal-sized increase in government spending and taxes would be______ O. a) expansionary fiscal policy...

1) Suppose that the government spending multiplier is 1.7, and that the tax multiplier is -1.2. An equal-sized increase in government spending and taxes would be______
O. a) expansionary fiscal policy
O.b)expansionary monetary policy
O.c) contractionary fiscal policy
O.d) contractionary monetary policy