The East India Company deafeated Indians /
The East India Company took control over India.
"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
<span>The Mahabharata and Ramayana has the epic poems mix moral lessons with dramatic action and exciting stories that appeal to a large audience. Good and evil are clear and distinct. Through moral. Hence the poems from it have the extreme capability to maintain the reader’s attitude into a positive side on his or her life.</span>
If a psychologist is assigned to assist in scheming and
criticizing any innovation, project or program which is a community watch for
the police department to decrease crime rate in the given situation, the
psychologist's will be best labelled as a policy evaluator, where he/she will
be evaluating the pros and cons of the planned project or development.
