<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!
Churchill claimed that the Soviet Union wanted war.
Answer:
<h3>Answer in pic.</h3>
<h3>I hope this helps!</h3>
The following are TRUE significant facts about the Ural Mountains:
A) The Urals run north and south through Russia.
B) they also form a border between Asia and Europe.
C) they mark the western border of Siberian Russia.
