00:01
So i just want to open up that the correct answer here is disagree.
00:05
I absolutely disagree with this statement.
00:07
And let me try to explain why.
00:11
Expansionary, right? expansion means that it tends to expand the size of the economy.
00:23
And that means that output, real gdp is increasing.
00:26
And that means that, again, contractionary means to shrink the economy.
00:31
And that means that output is going down.
00:37
So here what we have is saying blah, blah, blah, expansionary is blah, blah, blah, government spending up or taxes up...