1. Contractionary fiscal policy is put in place when a government REDUCES ITS SPENDING OR RAISES TAXES OR DO BOTH. This type of policy reduces the amount of money that is flowing in an economy. The principal goal of a contractionary fiscal policy is to reduce growth to an economic level that is considered healthy by removing money from the economy.
2. When a government put a contrationary fiscal policy in place, this generally reduce the amount of money that is available for the businesses and the consumers in the economy to spend. Contractionary fiscal policy is usually implemented when the demand for goods and services in an economy is very high to the extent of putting increasing pressure on wages and prices thus causing inflation. Reducing the money supply to the economy through fiscal policy will reduce demand and this will bring down the prices of goods and services, thus reducing inflation. <span />
Answer:
B: civic duty before individual interests
Explanation:
Immigration has wide-ranging impacts on society and culture, and its economic effects are no less substantial. By changing population levels and population growth, immigration augments both supply and demand in the economy. Immigrants are more likely to work (and to be working-age); they also tend to hold different occupations and educational degrees than natives.
