Question

. What are the measures to reduce unemployment​

Answer 1

Answer:

Explanation:

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

Answer:

Explanation: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.

More flexible labour markets, to make it easier to hire and fire workers.