"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
Answer:
b) nutrients, water, atmospheric pressure, and oxygen
Explanation:
- The basic survival needs of the body are the air, water and the shelter and food and the other as personal space and sanitation and the related things. Along with the sustainable body temperatures.
Answer:
According to this theory, society originated in the subjugation of the weaker by the stronger. ... Thus through physical coercion or compulsion men were brought together and made to live in society. The Patriarchal and Matriarchal theories make society the expansion of family system.
Explanation:
Answer:
I'd say maybe losing a job or having debt
Explanation:
Many schools and other organizations that give out scholarships will give you a "prompt" or a question which the essay is supposed to address. Read the question or prompt carefully and try to "read between the lines." For example, the prompt you are to answer might be, "Describe a book that made a lasting impression on you and your life and why?" Ask yourself, "Are they really interested in my literary preferences or is there something more to this question?" More than likely, they want to get a better idea of who you are—not only what types of books you like but also what motivates you and what sorts of stories or topics interest you. They may also be interested in getting a sense for how promising a student you are based on the type of book you choose and what you have to say about it
