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Raising taxes can help control inflation because?
Inflation is too much money chasing too few goods. If the new revenue from raising taxes is used to pay down debt, raising taxes can help control inflation by reducing discretionary income.
What did parliament give for raising taxes in the colonies after 1763?
because they needed to regulate trade and help pay for the troops off fighting
What actions could the government take to help reduce inflation?
To help reduce inflation, the government could implement tighter monetary policies, such as raising interest rates to curb excessive spending and borrowing. Additionally, reducing public spending or increasing taxes could help decrease the money supply in the economy. Another approach could involve addressing supply chain issues and promoting policies that increase productivity, which can help stabilize prices. Finally, enhancing competition in key sectors could drive down prices and improve efficiency.
What reason did parliament give for raising taxes in the colonies after 1763?
because they needed to regulate trade and help pay for the troops off fighting
Will Bookkeeper 2009 help with taxes?
Yes, it is made to help prepare for taxes. You can generate custom reports so you can easily print out any information that would be needed for tax preparation.
The Federal Reserve can indirectly affect the inflation rate. true or false?
True. The Federal Reserve can influence the inflation rate primarily through its monetary policy tools, such as adjusting interest rates and altering the money supply. By raising interest rates, the Fed can reduce borrowing and spending, which can help lower inflation. Conversely, lowering interest rates can stimulate economic activity and potentially increase inflation.
Which party is supporting raising taxes to support social program?
The Democratic Party in the United States generally supports raising taxes to fund social programs. They advocate for increasing taxes on higher-income individuals and corporations to finance initiatives such as healthcare, education, and social welfare. This approach is rooted in the belief that a progressive tax system can help reduce income inequality and provide essential services to those in need.
What are the benefits of raising taxes?
in theory to help pay for public services such as schools, roads, hospitals, fire fighting, law enforcement. in reality to make corrupt politicians richer
What did Kennedy to to help curtail rising unemployment and inflation and stimulate economic growth?
Asked businesses to limit prices and workers to accept fewer pay raises.
To help stop high inflation Germany?
Germany implemented policies to help stop high inflation.
What did deregulation help slow down?
inflation
Does raising the minimum wage help the economy?
Many people do not think raising the minimum wage is going to help the economy.
