Answer: Blue express.
Thie venture was dubbed the blue express
The term that could be best described as the way that Kevin is thinking is a social comparison. Social comparison is being defined as a way of individual's determine his or her social worth in which could be based from how the person stack against other people in which we could see how Kevin felt better after finding out that Samantha was struggling more than him.
"They reduce disposable income" explains how contractionary policies can hamper economic growth
<h3>Further explanation
</h3>
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.
<h3>Learn more</h3>
- Learn more about hamper economic growth brainly.com/question/11698157
<h3>Answer details</h3>
Grade: 9
Subject: social studies
Chapter: hamper economic growth
Keywords: hamper economic growth
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Answer:
I think they stand for Gold,God and Glory
Explanation:
