Question

causes & remedies for unemployment?,​

Answer 1

Answer:

Policies for reducing unemployment

Monetary policy – cutting interest rates to boost aggregate demand (AD)

Fiscal policy – cutting taxes to boost AD.

Education and training to help reduce structural unemployment.

Geographical subsidies to encourage firms to invest in depressed areas.

Lower minimum wage to reduce real wage unemployment.

Answer 2

Policies for reducing unemployment

Monetary policy – cutting interest rates to boost aggregate demand (AD)

Fiscal policy – cutting taxes to boost AD.

Education and training to help reduce structural unemployment.

Geographical subsidies to encourage firms to invest in depressed areas.

Lower minimum wage to reduce real wage unemployment.

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