Contractionary or restrictive monetary policy is appropriate when a rising price level and a rising gdp are a concern.
Politics is a conscious system of guidelines to guide decision-making and achieve reasonable results. A policy is a statement of intent, implemented as a procedure or protocol. Policies are typically approved by a governing body within an organization.
This term can refer to governments, public sector organizations and groups, as well as individuals, executive orders, corporate privacy policies, congressional rules of procedure, etc. Policies are different from rules and laws.
A policy is a law, regulation, procedure, administrative action, incentive, or voluntary practice of a government or other agency. Political decisions are often reflected in resource allocation. Health can be affected by policies in many areas.
Learn more about policy here:brainly.com/question/24999630
#SPJ4
