If expansionary taxation policies are left unchecked, the most likely result is high inflation.
What is Expansionary taxation policies?
Expansionary taxation policies occur when their is an increase in government spending which result in tax reduction.
When expansionary taxation policies are left unchecked this will tend to lead to increase or high inflation which inturn means that the price of good and service will elevate or increase.
Therefore If expansionary taxation policies are left unchecked, the most likely result is high inflation.
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