by putting money in peoples hands so they can spend is the objective of *\nexpansionary fiscal…

by putting money in peoples hands so they can spend is the objective of *\nexpansionary fiscal policy\ncontractionary fiscal policy\nwitches, vampires, werewolves, and zombies\nwhat is the difference between contraction and recession? *\na recession is a long contraction\na contraction is a long recession

by putting money in peoples hands so they can spend is the objective of *\nexpansionary fiscal policy\ncontractionary fiscal policy\nwitches, vampires, werewolves, and zombies\nwhat is the difference between contraction and recession? *\na recession is a long contraction\na contraction is a long recession

Answer

Brief Explanations:

  1. First question: Expansionary fiscal policy aims to stimulate the economy by increasing government spending or cutting taxes, which puts money in people's hands for spending. Contractionary fiscal policy does the opposite, aiming to slow the economy. The third option is unrelated.
  2. Second question: A recession is a significant, widespread, and prolonged downturn in economic activity. A contraction is a general decline in economic activity, and a recession can be seen as a long - lasting and more severe form of contraction.

Answer:

  1. Expansionary Fiscal Policy
  2. A recession is a long contraction