Expansionary and contractionary policies can be used to encourage or discourage economic growth. Expansionary policies generally lower taxes and give consumers and producers additional money, which encourages spending and growth. This is done when unemployment is high. On the other hand, contractionary policies generally raise taxes, which can give consumers and producers less to spend. This can cause less economic growth, but is necessary when the economy is growing too quickly and inflation is rising.
the difference between expansionary policy and contractionary policy
expansionary policies are used to stimulate the economy and reduce unemployment
<span>contractionary polices are used to reduce economic growth and combat inflation</span><span>
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Answer:The Guamindang and the Communists united against Japan.
Explanation:
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Profits for developed nations mean long hours and low pay for workers in developing nations.
Answer: Option D
<u>Explanation:</u>
Most of the trades belong to the relation with the country that surrounds it. The lower developing countries always have to depend on the developed country for trade and export.
The prize fixed by the consumer is final and hence the developing countries have low margin profit. Developed countries for cheap labor hire people from the developing countries. They are not only made to work hard for lower wages but also made to work for long hours.
Due to the updated technical resources competition arises within the international trade and new entries are registered every minute. The country with the lower quote gets the trade and hence forced labor with low pay is the main disadvantage.
The most important role of election official is to make sure that an election is conducted fairly.
President Roosevelt showed that by negotiating the Treaty of Portsmouth without military force.
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