The countercyclical policy is complementary to the downfall of GDP. The preferred countercyclical policy is frequently monetary strategy.
Consumer spending decreases and total demand falls during a recession, which allows the government to implement a countercyclical policy to the way the economy is moving. Such a countercyclical policy would result in the intended expansion of output (and employment), but would also raise prices because it would expand the money supply. Increased demand will put pressure on input costs, particularly labor, as an economy draws closer to operating at maximum capacity. Hence, workers then spend their extra money on more products and services, which drives up prices and wages and accelerates overall inflation, an outcome that governments often try to prevent with countercyclical policy.
Learn more about countercyclical policy here:
brainly.com/question/17062330
#SPJ4
Answer:
Explanation:
Buddhism teaches that we have many chances to start over with the cycle of rebirth and fresh starts. Christianity teaches that we have one life and one chance, and if you mess up you go to hell. Hinduism says that everything in the world, good and evil is created by God, but in Christianity, God is said to have only created the good things.
Explanation:
the North and the South had a war
