<u>The correct order for the steps that show how contractionary fiscal policies work would be the following</u>:
-Government increases tax rate
-Inflationary pressure decreases
-Consumers have less money to spend
-Producers manufacture fewer goods
Contractionary monetary policy is often applied <u>when the economy is suffering from inflationary pressure</u>. The central bank (U.S. Federal Reserve) will <u>slow down the monetary supply</u>. In turn, this raises the cost of borrowed money, which <u>decreases Gross Domestic Product and inflation</u>. Some negative side effects could be a higher unemployment rate.
Hope this helps!
Explanation:
CDs comes down to interest rates and your ability to withdraw funds. Savings accounts provide less interest than CDs, but your money stays liquid. In other words, you're allowed to withdraw money at any time. Unlikely savings accounts, CDs have higher interest rates, but don't have the same liquidity.
Answer:
In May 1991, Nepal held its first parliamentary elections. In February 1996, the Maoist parties declared People's War against monarchy and the elected government. ... On May 28, 2008, the newly elected Constituent Assembly declared Nepal a Federal Democratic Republic, abolishing the 240 year-old monarchy.
The United States Constitution is the supreme law of the United States of America. It provides the framework for the organization of the United States Government. The document outlines the three main branches of the government. The legislative branch is embodied in the bicameral Congress.
