Which of the following is an example of contractionary fiscal policy? a) reducing military spending b) building a new interstate highway c) none of the other answers are correct d) increasing federal spending to renovate college campuses e) sending taxpayers a $600 rebate.

 a) reducing military spending 

Explanation:

Contractionary fiscal policy is when the government reduces spending or increases taxes to reduce money supply, remedy a budget deficit or increase a surplus.

Contractionary fiscal policy can be used to combat inflation.

Reducing the military spending is a contractionary fiscal policy because it reduces money supply.

Building a new interstate highway, increasing federal spending to renovate college campuses and sending taxpayers a $600 rebate are expansionary fiscal policy because it increases government spending and the money supply.

our agriculture industry and our business industry

the specific actions take by the fed. what the fed was attempting to do by taking these actions. the result of the actions taken by the fed