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alexandr402 [8]
2 years ago
15

Under which type of policy does the government reduce its expenditures and increase tax rates? A. contractionary monetary policy

B. contractionary fiscal policy C. expansionary fiscal policy D. expansionary monetary policy
Business
1 answer:
zloy xaker [14]2 years ago
4 0

Answer:

B. contractionary fiscal policy

Explanation:

The government influences economic direction through fiscal policy measures of increasing or decreasing its expenditure and taxation. Therefore, fiscal policies involve the government's actions of adjusting its spending and taxation to achieve desired economic objectives.

Fiscal policies can either be contractionary or expansionary. Contractionary measures are applied to control rising inflation and moderate the rate of growth. These policies aim at reducing liquidity in the market, thereby achieving stable prices. A reduction in government spending and an increase in taxation reduces liquidity or money circulation.

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Assume milk is used to produce ice cream. Ceteris paribus, a decrease in the price of milk will cause the equilibrium price of i
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Fall

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2 years ago
A promotional tool in which a company lets consumers have a small sample of a product for no charge is known as?
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Sampling is the promotional tool in which a company lets consumers have a small sample of a product for no charge.

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The number one intention of sampling is to create a consultant sample, one wherein the smaller institution (sample) appropriately represents the traits of the bigger group (population). If the pattern is properly decided on, the sample can be generalizable to the populace. there are many methods to attain a sample.

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Balance of trade summarizes
babunello [35]

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C. The flow of goods and services.

Explanation:

Balance of trade: In Economics, the balance of trade accounts for the inflow and outflow of the goods and services in in a country for a given period, it is also called the <em>balance of payment.</em>

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Trying new things on the job is one way of keeping Young
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