<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!
The answer is "The Internal Affairs."
Answer:
<u>is not a social virtue.</u>
Explanation:
<u>Wisdom: </u>The term "wisdom" is described as an individual's advice and good judgement in uncertain and difficult matters of his or her life. Many psychologists have determined wisdom as the search associated with the "moderate course" between different extremes. Wisdom is generally considered as a dynamic between "doubt and knowledge", a more practical solution a specific problem at hand.
Answer: Inflexibility.
Explanation:
Inflexibility is a state of being unable to adapt to a new situation or a change that occurs.
In this case, the organizers of the concert are, despite the growing interest for the event, unable to increase the number of seats available. This is probably because of the limited capacity of a hall/arena where the concert is held. The organizers, however, should come up with an alternative solution. If a large number of fans is interested to buy tickets, they should schedule another concert of the same performer. If fans are turned away, they feel disappointed, and thus the interest for a particular performer drops.