# Identify each government policy as an example of Expansionary Fiscal Policy or Contractionary Fiscal Policy, [Choose]...

###### Question:

Identify each government policy as an example of Expansionary Fiscal Policy or Contractionary Fiscal Policy, [Choose] The Coronavirus Aid, Relief, and Economic Security (CARES) Act, 2020 < American Recovery and Reinvestment Act, 2009 [Choose] < [Choose] Elimination of the State and Local Tax (SALT) deduction from annual income taxes $100 increase in vehicle registration fees [Choose ] Troubled Asset Relief Program (TARP), 2008 [Choose] Identify whether each scenario is an example of Expansionary Monetary Policy or Restrictive Monetary Policy. The Federal Reserve is selling T- Bills [Choose] [Choose] The Federal Funds Rate has been adjusted from 2.5% down to 0.25% < [Choose] The Federal Reserve purchases$80 billion of mortgage-backed securities from banks The reserve ratio is increased from 10% to 15% [Choose] The discount rate increases from 1% to 1.75% [Choose]

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