The correct answer is: High inflation
Expansionary policy is a fiscal policy that involves the government seeking to <u>increase higher government spending and lowering taxes</u> in order to increase output in the economy because of an increase in aggregate demand.
However, if an expansionary fiscal policy is not kept in check, it could result in the policy being financed by constant printing of money and thus massive inflation will occur.
The answer is
C) Unitary Government
The definition of a Unitary Government is a system in which the supreme government holds all the authority over the nation and makes the decisions.
Gross income is the total income, from all sources, before taxes.
So it's not relevant what your tax rate is, if you earn 50 000 a year, then this is your gross income.
Answer:
vote
Explanation:
I know that is one of them
