"They reduce disposable income" explains how contractionary policies can hamper economic growth
<h3>Further explanation
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Disposable income is the amount of money that households have,available for spending and saving after income taxes accounted.
Expansionary fiscal policy is an increase in government expenditures, also a decrease in taxes that causes the government's budget deficit to increase or its budget surplus to decrease. In short, expansionary fiscal policy boosts economic growth by lowering interest rates.
Whereas contractionary fiscal policy is defined as a decrease in government expenditures, also an increase in taxes that causes the government's budget deficit to decrease or its budget surplus to increase. Contractionary money policy is used to combat inflation. In short, contractionary fiscal policy hamper economic growth by increasing interest rates.
Contractionary policy increases the cost of borrowing. It can decreases GDP and dampens inflation, but also leads to reduced disposable income. Another negative side effect is it makes an increase in the unemployment rate. Disposable income itself is the amount of money that households have, available for spending and saving after income taxes accounted.
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<h3>Answer details</h3>
Grade: 9
Subject: social studies
Chapter: hamper economic growth
Keywords: hamper economic growth
This question is missing the options. I've found them online. They are the following:
Which term best describes Jordan's ability?
A. conservation
B. theory of mind
C. operational manipulation
D. none of the above
Answer:
The term that best describes Jordan's ability is:
B. theory of mind
Explanation:
Theory of mind is a term in psychology that refers to our ability of attributing mental states such as desires, emotions, beliefs, intent, and knowledge to others as well as ourselves. Having such an ability is crucial for interpersonal interactions since it supports our understanding of others' behaviors and perspectives. Theory of mind allows us to grasp, for instance, that different people have different tastes. It also allows us to predict the behavior or reactions of others.
<u>Answer:
</u>
The first out of the four common symptoms of addiction is 'compulsion', which is the overwhelming need to obtain and use the substance or engage in harmful behavior.
<u>Explanation:
</u>
- Addiction is characterized by an inevitable need that is required to be fulfilled to stop feeling physically and mentally restless. An addiction is termed as hazardous because the restlessness caused out of it can sometimes prove fatal.
- Other than compulsion, there are three other common symptoms of the cycle of addiction which are namely uncontrolled behavior, undesired consequences, and denial.
Answer:
Candles burn pretty slowly. However, you should do the experiment.
Explanation:
Why is this a social studies question?
