Answer:
In general, expansionary fiscal policies are likely to have the following effects:
Increased economic growth: By increasing government spending or providing incentives for businesses to invest, expansionary fiscal policies can help to stimulate economic growth and increase demand for goods and services.
Increased employment: Expansionary fiscal policies can help to create new jobs by providing incentives for businesses to hire new workers or by increasing demand for goods and services, which may lead to increased production and the need for additional labor.
Increased inflation: Expansionary fiscal policies can lead to increased inflation if they stimulate too much demand in the economy, as businesses may be able to raise prices due to increased demand for their products or services.
Increased government debt: Expansionary fiscal policies often involve increased government spending, which can lead to an increase in government debt if the policies are not financed through increased revenue.