In the business cycle, what follows immediately after a peak is the Contraction phase.
During this period, economic growth weakens, it is what economists call a recession. The unemployment rate begins to rise. Businesses wait to hire new workers until they are sure the recession is over.
Answer:
Georgia's constitution, like that of most states, requires that a balanced budget be introduced and passed by the General Assembly. The governor is responsible for submitting to the legislature an annual budget based on revenue estimates made by the Office of Planning and Budget.
Explanation:
It is pretty much explained up above
Answer:
The main goals of the Counter Reformation were to get church members to remain loyal by increasing their faith, to eliminate some of the abuses the protestants criticised and to reaffirm principles that the protestants were against, such as the pope's authority and veneration of the saints.
Explanation:
