Asked by

Derek Samodia
on Oct 13, 2024

verifed

Verified

During inflations who would tend to call for more taxes?

A) Liberals
B) Conservatives
C) Both liberals and conservatives
D) Neither liberals nor conservatives

Inflations

The speed at which the overall price level of goods and services increases, leading to a decrease in buying power.

Taxes

Compulsory financial charges imposed by a government on individuals or entities to fund public expenditures.

  • Recognize the effects of fiscal policy on recession and inflation.
verifed

Verified Answer

RS
ravinderpal sidhuOct 16, 2024
Final Answer:
Get Full Answer