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Nuetrik [128]
3 years ago
9

In economics why is coal considered a resource?

Social Studies
2 answers:
gayaneshka [121]3 years ago
7 0

Coal is a natural resource that is dug up from undreneath us and it is naturaly made it is not manmade so it is.

Ket [755]3 years ago
5 0

Coal is considered a natural resource simply because it's derived from the natural environment.


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Which best explains how contractionary policies can hamper economic growth
otez555 [7]

"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>
  1. 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

4 0
3 years ago
Read 2 more answers
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