Increasing Taxes to Combat Inflation Is an Example Of

question 205

Multiple Choice

Increasing taxes to combat inflation is an example of:

• A) conservative fiscal policy.
• B) contractionary fiscal policy.
• C) expansionary fiscal policy.
• D) demand-braking policy.

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Definitions:

Power Distance

The degree to which individuals in a society accept the uneven distribution of power among members.

System Justification

A theory that suggests people have a psychological need to view existing social, economic, and political systems as fair, legitimate, and justified.

Ingroup Bias

The inclination to prefer individuals from one's own group over those from outside groups.

Collective Action

Efforts by groups to resist and change the status quo in the service of group goals.