Your country takes in $350 million each year in tax money but chooses to spend $150 million on various services it provides. What type of stance does your country take on fiscal policy? expansionary stance contractionary stance economic stance neutral stance
expansionary stance

contractionary stance

economic stance

neutral stance

Respuesta :

When your country takes in $350 million each year in tax money but chooses to spend $150 million, it stance is a contractionary stance.

What is a contractionary stance?

A contractionary stance is when the government of a country reduces the money supply in the economy. This can be achieved  either by reducing spending or increasing taxes.

The government of your country is spending less than it collects from taxes.

To learn more about contractionary stance, please check: https://brainly.com/question/25716528