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Give Two Examples of Contractionary Fiscal Policy

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Give two examples of contractionary fiscal policy.What will be the effect on government surplus/deficit?


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Life Satisfaction

The degree to which an individual feels positively about the quality and circumstances of their life.

Ethnic Identity

A person's sense of belonging to an ethnic group, including the personal significance and meaning of this group membership to their identity.

Boredom Susceptibility

A trait describing an individual's tendency to feel bored easily due to a need for constant stimulation.

Experience Seeking

The pursuit of new, varied, complex, and intense sensations and experiences, often characterized as a personality trait associated with openness to new experiences.

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