What two measures would you introduce to reduce unemployment in your country?
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Answered by
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.
Answered by
3
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.
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