How can expansionary and contractionary tax policies be used to manage the economy? be sure to give your answer in two to three sentences. thanx

Expansionary and contractionary policies can be utilized to support or debilitate financial development. Expansionary policies by and large lower duties and give customers and makers extra cash, which supports spending and development. Then again, contractionary arrangements for the most part raise charges or taxes, which can give purchasers and makers less to spend. This can cause less monetary development.

for many centuries there were important factors which the economies of the muslim empires developed increasingly. they applied economic procedures in production, investment, finance, taxation and property. they used to tax certain goods (for example: harvest), they charged interest on money lent, they signed contracts with merchants; they relied on a common currency, and they used checks as well as promissory notes. with the money collected by means of taxation, the government provided the needy with an income. in addition, trading networks covered huge distances, so far regions started to have contact and exchange goods. this trade network covered areas of asia, africa and europe.

they protect against unsafe foods and medicines being sold

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