Me too it’s impossible to convert me
<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.
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Consumer spending is an important economic indicator because it usually coincides with the overall consumer confidence in a nation's economy. High consumer confidence indicators usually relate to higher levels of consumer spending in the economic market
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an individual, company, or institution sued or accused in a court of law. just search it lol
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The Albany Movement aimed to end all forms of racial segregation in the city, focusing initially on desegregating travel facilities, forming a permanent biracial committee to discuss further desegregation, and the release of those jailed in segregation protests.
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