Answer:
The result would likely be a contraction of the economy. The GDP would probably fall or grow less.
A goverment applies contractionary fiscal policy when it reduces spending. Less government spending can reduce economic activity because spending can be a form of investment. For example, when the government spend less on building schools, roads and infraestructure, the people who build those lose their jobs, receive less income, consume less, and the economy contracts.
Contractionary monetary policy is applied by the central bank (the Federal Reserve in the United States). It would consist in reducing the amount of money available (the money supply). Less money in the economy results in higher interest rates. This creates a cycle in which banks give less loans, and investment falls. Less investment contracts the economy.
<span>Italy has turned from natural gas to hydroelectric power as its main source of energy.</span>
Buddhism is a religion and the buda is there idol or God
Its either B or D. Omg I forgot
Hinduism can be found majorly in South Asia.it is said that There are thirty three million gods and deities. I think it is the maximum number of a religion have that much gods.
