Asap both 1.a) Which of the following statements is correct? l.Expansionary fiscal policy is used to remove a recessionary gap. ll. Expansionary fiscal policy is used to shift AD right. A) l only B) I...

Asap both

1.a) Which of the following statements is correct?
l.Expansionary fiscal policy is used to remove a recessionary gap.
ll. Expansionary fiscal policy is used to shift AD right.
A) l only
B) I only
C)both I and I
D) neither I nor ll

1.b) Which of the following are examples of contractionary fiscal policy?
A) decreasing government expenditures
B) increasing taxes
C) increasing transfer payments
D) A and B are both contractionary fiscal policies
E) A, B, and C are all contractionary fiscal policies