Answer:
This principle means people of federal territories should decide for themselves whether their territories would enter the Union as free or slave states.
Explanation:
Answer:
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It is called the "s<span>elf-serving bias".</span>
The self-serving bias is
individuals' propensity to credit positive occasions to their own character yet
ascribe negative occasions to outer variables. It's a typical kind of
psychological predisposition that has been widely contemplated. At the point
when people dismiss the legitimacy of negative input, center around their
qualities and accomplishments however ignore their flaws and disappointments, they
are shielding their ego from danger and damage.
"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
