Answer: Reducing taxes.
Under an expansionary taxation policy, the government tries to stimulate economic growth by reducing taxes.
Explanation:
Expansionary policy refers to a form of monetary policy in which the government spends more or taxes less. The government expands the money supply faster than usual or lower / reduces the short-term interest rates. It is usually enacted by central banks because it is a powerful tool.
Taxes are compulsory levies imposed by the government on individuals in the country. Taxes are used to raise revenue for government expenditure and also for provision of infrastructures such as good roads, electricity, education, good sewage system and so on.
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In opposition to Marx, Weber argued that there are <u>three</u> dimensions of inequality.
Our world is filled with individuals with a variety of identities and compelling narratives to share. Unfortunately, sometimes others try to divide us by exploiting our differences. We'll look at the various aspects of inequality that sociologists consider in relation to the identifying characteristics of social class, age, ethnicity, gender, and disability.
The study of social class inequality was pioneered by Karl Marx and Max Weber. They believed that a person's chances for success in life are structurally influenced by their class position, and that economic and status inequalities (in the form of their link to the means of production) characterize modern society.
To know more about inequality
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