Question

explain steps to reduce unemployment​

Answer 1

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

Explanation:

1) every one should be literate and have skills and experience and knowledge to be employed and we also have to give to those peoples who are belonging to rural areas then only they will come ahead and share their experiences and skills

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