Due to the present covid19 situation in the country, many people lost their jobs and many production units were closed. It led to fall in aggregate demand in the economy. What steps do you suggest to increase aggregate demand in the economy?
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Explanation:
- firstly government. should take some step
- reduce tax burden
- loan to public with minimum rate of interest
- government should increase medium package for example salary between 15000 to 200000rs private jobs
- government should provide some month relaxation for example 5. to 6 month for loan payment
- government. should printed new currency notes or lend money from other country or organisation
- government should decrease petrol dissle is this step consumer and producer gets relief it's reduce the cost of production and also increase the demand of whole economy
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