A typical contractionary fiscal policy allows government to decrease the level of aggregate demand, through increases in taxes.
What is contractionary fiscal policy?
Contractionary fiscal policy can be regarded as a policy whereby government taxes more than it spends, this can be done through increasing taxable rates as well as decreasing spending.
It is been utilized during times of economic prosperity and it is A typical contractionary fiscal policy that allows government to decrease the level of aggregate demand, through increases in taxes.
One common example of debt-based contractionary fiscal policy that is common in the government setting is the increasing taxes.
For instance, VAT, can be used in reducing the budget deficit even in the absence of cutting government spending.
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Answer:
Im sorry ik you need it now but i am having a hard time understand bc ur in college lol
Explanation:
Answer:
stereotype; prejudice
Explanation:
Selena has an idea of what a computer programmer is like. She believes them to be antisocial and boring. However, this is a stereotype, or an over-generalization about a particular category of people. Therefore, it does not actually reflect what all individuals in this group are like. The fact that she does not like Mark is an example of prejudice, as she is basing her conclusion on a preconceived idea she has of him, without taking the time to actually get to know him.