Answer:
a system or organization in which people or groups are ranked one above the other according to status or authority.
Explanation:
Answer:
Self-Government Takes Root
Explanation:
immediately after agreeing to the mayflower compact the signers elected john carver (one of the Pilgrim leaders) as governor of their colony. they called it plymouth plantation. not only self-rule but representative government had taken root on american soil
The people and how it is managed
<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!
