<span>This is behaviorism. Pioneered by John Watson in the 1930s, this mindset and viewpoint posits that we can only diagnose what we can see, and what we see are behaviors. Until BF Skinner brought about Radical Behaviorism, the idea of introspection and self-awareness was considered useless by behaviorists.</span>
"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>
- 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
Random sampling is important because it gives a more accurate view of different people's views of the topic.
Hello, Some of the effects include different culture being introduced to the nation
Also it may teach some people to either be racist / prejudice or kind and accepting
The growing diversity can bring division and could also bring union depending on how current citizens act towards them.
Have a nice day.
